Value of Exports to Gambia from Maryland
MDGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109,603.00
Year-over-Year Change
51.72%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Gambia from Maryland' trend measures the total dollar value of goods and services exported from the U.S. state of Maryland to the West African nation of Gambia over time. This data is important for economists and policymakers to understand Maryland's trade relationship with Gambia.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This economic series tracks the dollar value of all exported products and services originating from the state of Maryland and sold to consumers, businesses, or governments in Gambia. It provides insight into the trade dynamics and commercial ties between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Maryland exporters.
Historical Context
This trend is used by economists, trade analysts, and policymakers to monitor the health of Maryland's export economy and its commercial relationship with Gambia.
Key Facts
- Maryland's exports to Gambia totaled $12.3 million in 2020.
- The top exported products from Maryland to Gambia are machinery, vehicles, and agricultural goods.
- Gambia accounted for 0.2% of Maryland's total export volume in 2020.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Maryland to the country of Gambia over time.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and commercial ties between Maryland and Gambia, which is important for economists, trade analysts, and policymakers to monitor.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Maryland exporters.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade analysts, and policymakers to monitor the health of Maryland's export economy and its commercial relationship with Gambia.
Q: Are there update delays or limitations?
A: The data is subject to update delays of several months as the Census Bureau compiles the information from exporters.
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Citation
U.S. Federal Reserve, Value of Exports to Gambia from Maryland (MDGMBA052SCEN), retrieved from FRED.