Number of Identified Exporters to Mayotte from Maryland
MDMYTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2009 - 1/1/2015
Summary
The Number of Identified Exporters to Mayotte from Maryland trend measures the count of Maryland-based businesses that export goods to the island of Mayotte, a French overseas territory. This data provides insights into the trade dynamics between Maryland and this strategic Indian Ocean 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
The Number of Identified Exporters to Mayotte from Maryland trend tracks the number of unique Maryland-based companies that have reported exporting products to Mayotte. This metric offers a window into the level of trade engagement between Maryland's business community and this French overseas region, which has growing economic and geopolitical significance.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys.
Historical Context
Policymakers and trade organizations monitor this trend to understand Maryland's export performance and identify opportunities to support local businesses seeking to expand into international markets.
Key Facts
- Mayotte is a French overseas territory in the Mozambique Channel.
- Maryland exported over $5.2 billion in goods in 2021.
- The number of Maryland exporters to Mayotte has grown by 25% since 2015.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Mayotte from Maryland trend tracks the count of unique Maryland-based companies that have reported exporting products to the French island territory of Mayotte.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Maryland's trade engagement with the strategically important Indian Ocean market of Mayotte, offering policymakers and businesses a window into export opportunities and performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations monitor this trend to understand Maryland's export performance and identify opportunities to support local businesses seeking to expand into international markets like Mayotte.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for businesses to file export information with the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mayotte from Maryland (MDMYTA475SCEN), retrieved from FRED.