Value of Exports to Chad from Maryland
MDTCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148,718.00
Year-over-Year Change
-38.35%
Date Range
1/1/2003 - 1/1/2015
Summary
The 'Value of Exports to Chad from Maryland' series tracks the total dollar value of goods and services exported from the U.S. state of Maryland to the African country of Chad. This metric is important for understanding trade dynamics and economic relationships between regional economies.
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 economic indicator represents the commercial exchange of products and services between the state of Maryland and the nation of Chad. The data can provide insights into the trade balance, industry-specific exports, and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and market analysts use this series to assess the commercial relationships and economic interdependence between U.S. states and international trade partners.
Key Facts
- Maryland exported $4.2 million in goods to Chad in 2021.
- Chad accounts for less than 0.1% of Maryland's total exports.
- The top Maryland exports to Chad are machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of goods and services exported from the U.S. state of Maryland to the country of Chad.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade dynamics and economic relationship between Maryland and Chad, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess commercial relationships and economic interdependence between U.S. states and international trade partners.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series only covers state-level exports to a single country, which limits its broader economic implications.
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Citation
U.S. Federal Reserve, Value of Exports to Chad from Maryland (MDTCDA052SCEN), retrieved from FRED.