Number of Identified Exporters to Russia from Maryland
MDRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
71.00
Year-over-Year Change
-26.80%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of identified exporters to Russia from the state of Maryland. It provides insight into the trade relationship between Maryland and Russia.
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 Russia from Maryland is an important economic indicator that measures the level of trade and commercial activity between Maryland and the Russian market. It offers policymakers and analysts a view into the state's exporting landscape and exposure to the Russian economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
This trend is used by economists and trade organizations to evaluate Maryland's export dynamics and competitiveness in the global marketplace.
Key Facts
- Maryland exported over $300 million in goods to Russia in 2019.
- The number of identified Maryland exporters to Russia has declined by 25% since 2015.
- Aerospace and agricultural products are Maryland's top exports to Russia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and companies identified as exporting goods from the state of Maryland to Russia.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Maryland's trade relationship with Russia, which is an important market for the state's exporters. It helps analysts and policymakers understand Maryland's export dynamics and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade organizations, and policymakers to evaluate Maryland's export performance and guide decisions on trade policies, investment, and market development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, so there may be a delay in reflecting the most recent trade activity. Additionally, the data only captures formally identified exporters and may not include all small or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from Maryland (MDRUSA475SCEN), retrieved from FRED.