Number of Identified Exporters to Saint Lucia from Maryland
MDLCAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
30.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Saint Lucia from Maryland' series tracks the count of businesses based in Maryland that export goods to the Caribbean island nation of Saint Lucia. This metric provides insight into trade dynamics between these two regions.
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, published by the U.S. Census Bureau, records the number of distinct Maryland-based companies that have been identified as exporting products or services to Saint Lucia. It offers economists and policymakers a gauge of the commercial relationship and trade flows between these specific state and country markets.
Methodology
The data is collected through mandatory exporter reporting and survey responses.
Historical Context
This series is used to monitor trends in bilateral trade and inform economic development strategies.
Key Facts
- Maryland exported $12.4 million in goods to Saint Lucia in 2021.
- There were 117 identified Maryland exporters to Saint Lucia in 2022.
- Saint Lucia was Maryland's 75th largest export market in 2021.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses based in the U.S. state of Maryland that have been identified as exporting goods or services to the Caribbean nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and commercial activity between Maryland and Saint Lucia, which can inform economic development strategies and bilateral trade policies.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter reporting and survey responses compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists, trade analysts, and policymakers use this series to monitor trends in bilateral trade and commercial activity between Maryland and Saint Lucia, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the publication of this data due to the time required for collection and processing.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Saint Lucia from Maryland (MDLCAA475SCEN), retrieved from FRED.