Value of Exports to Thailand from Maryland

MDTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

49,701,838.00

Year-over-Year Change

104.75%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Thailand from Maryland' trend measures the total monetary value of goods and services exported from the U.S. state of Maryland to Thailand. This data provides insights into Maryland's trade relationship with Thailand, a key economic partner.

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 dollar amount of products and services sold by Maryland-based businesses to customers and companies located in Thailand. The trend is used by policymakers, economists, and business analysts to assess Maryland's export performance and trade dynamics with the Thai market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Maryland exporters.

Historical Context

This export value trend is relevant for understanding Maryland's trade positioning and economic ties with Thailand.

Key Facts

  • Maryland exported over $250 million in goods and services to Thailand in 2021.
  • Thailand is Maryland's 10th largest export destination globally.
  • Top Maryland exports to Thailand include machinery, transportation equipment, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total monetary value of goods and services exported from the U.S. state of Maryland to Thailand.

Q: Why is this trend relevant for users or analysts?

A: This export value data provides insights into Maryland's trade relationship and economic ties with Thailand, a key trading partner.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Maryland-based exporters.

Q: How is this trend used in economic policy?

A: Policymakers, economists, and businesses use this trend to assess Maryland's export performance and trade dynamics with the Thai market.

Q: Are there update delays or limitations?

A: The data is typically released with a 1-2 month delay by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Thailand from Maryland (MDTHAA052SCEN), retrieved from FRED.