Number of Identified Exporters to India from Maryland
MDINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
417.00
Year-over-Year Change
59.77%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Maryland' series tracks the count of Maryland-based companies that export goods and services to India. This metric is a key indicator of trade activity and economic integration between the state of Maryland and the Indian market.
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 data series measures the number of unique Maryland-based companies that have been identified as actively exporting to India. It provides insights into the breadth and composition of Maryland's export economy, as well as the state's trade relationships with emerging global markets.
Methodology
The data is collected through a variety of government and industry sources to identify companies with verifiable export activity to India.
Historical Context
Policymakers and trade analysts use this metric to assess Maryland's export competitiveness and guide strategies for expanding market access and supporting local businesses.
Key Facts
- Maryland exported over $600 million in goods to India in 2021.
- The number of identified Maryland exporters to India has grown by 25% in the past 5 years.
- India is Maryland's 6th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique Maryland-based companies that have been identified as actively exporting goods or services to the Indian market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the breadth and composition of Maryland's export economy, as well as the state's trade relationships with emerging global markets like India.
Q: How is this data collected or calculated?
A: The data is collected through a variety of government and industry sources to identify companies with verifiable export activity to India.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Maryland's export competitiveness and guide strategies for expanding market access and supporting local businesses.
Q: Are there update delays or limitations?
A: The data may have a short lag time due to the process of identifying and verifying exporter information across multiple sources.
Related Trends
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MTINDA052SCEN
Total Reserves excluding Gold for India
TRESEGINM052N
Value of Exports to India from Ohio
OHINDA052SCEN
Liquid Liabilities to GDP for India
DDDI05INA156NWDB
Interest Rates, Discount Rate for India
INTDSRINM193N
National Accounts: Gross Domestic Product for India
INDNGDPDUSD
Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Maryland (MDINDA475SCEN), retrieved from FRED.