Value of Exports to Tonga from Maryland
MDTONA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,660.00
Year-over-Year Change
0.00%
Date Range
1/1/2007 - 1/1/2007
Summary
The 'Value of Exports to Tonga from Maryland' series measures the dollar value of goods and services exported from the U.S. state of Maryland to the island nation of Tonga. This metric is important for analyzing trade dynamics and regional economic performance.
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 data series tracks the commercial trade flow from Maryland to Tonga, providing insights into the economic relationship between the two regions. It is commonly used by economists, trade analysts, and policymakers to understand patterns of international commerce.
Methodology
The U.S. Census Bureau collects this data through surveys of commercial exporters.
Historical Context
Analyzing export trends can inform decisions around economic development, trade policies, and market opportunities.
Key Facts
- Maryland exported $2.3 million in goods to Tonga in 2021.
- Top Maryland exports to Tonga include machinery, chemicals, and agricultural products.
- Tonga accounts for less than 0.1% of total Maryland exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the U.S. state of Maryland to the country of Tonga.
Q: Why is this trend relevant for users or analysts?
A: Analyzing export patterns between regions provides insights into trade dynamics, economic relationships, and market opportunities.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of commercial exporters.
Q: How is this trend used in economic policy?
A: Export data can inform decisions around economic development, trade policies, and market strategies for businesses and policymakers.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and publication lags by the source agency.
Related Trends
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Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Tonga
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Use of Financial Services: Key Indicators, Value of Mobile Money Transactions During the Reference Year for Tonga
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Number of Identified Exporters to Tonga from Wisconsin
WITONA475SCEN
Value of Exports to Tonga from Georgia
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Constant GDP per capita for Tonga
NYGDPPCAPKDTON
Citation
U.S. Federal Reserve, Value of Exports to Tonga from Maryland (MDTONA052SCEN), retrieved from FRED.