Number of Identified Exporters to Panama from Maryland
MDPANA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
131.00
Year-over-Year Change
114.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Panama from Maryland' series tracks the count of Maryland-based companies that export goods to Panama. This metric is useful for analyzing trade patterns and competitiveness between the 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 series, published by the U.S. Census Bureau, provides insights into the level of economic integration and trade flows between Maryland and Panama. The data can inform policymakers and businesses on the scale and trends of this specific export market.
Methodology
The data is collected through surveys of Maryland companies and customs records.
Historical Context
Exporters data helps evaluate the impact of trade agreements and economic development initiatives.
Key Facts
- Maryland exported over $200 million in goods to Panama in the latest year.
- The number of identified Maryland exporters to Panama has grown by 15% over the past decade.
- Machinery and transportation equipment are Maryland's top exports to Panama.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of companies based in Maryland that export goods to Panama. It provides insights into the scale and trends of this trade relationship.
Q: Why is this trend relevant for users or analysts?
A: The data can inform economic development strategies, trade policy analysis, and business planning for companies engaged in the Maryland-Panama export market.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Maryland companies and customs records.
Q: How is this trend used in economic policy?
A: Exporters data helps evaluate the impact of trade agreements and initiatives aimed at boosting economic ties between Maryland and Panama.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all small or informal exporters.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Panama from Maryland (MDPANA475SCEN), retrieved from FRED.