Value of Exports to Tunisia from Maryland
MDTUNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,686,853.00
Year-over-Year Change
407.30%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Tunisia from Maryland' metric tracks the total value of goods and services exported from the U.S. state of Maryland to the country of Tunisia. This measure is important for economists and policymakers to understand regional trade dynamics and the impacts of trade policies.
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 represents the monetary value of all products and services that originate from the state of Maryland and are sold to consumers, businesses, or governments in Tunisia. It provides insights into the commercial relationship between Maryland and Tunisia and can be used to analyze the effects of trade agreements, tariffs, and other factors on state-level exports.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on mandatory reporting by exporters.
Historical Context
Policymakers and trade analysts use this metric to gauge the health of Maryland's export economy and to inform decisions around trade policy.
Key Facts
- Maryland exported $50.2 million in goods and services to Tunisia in 2021.
- Machinery and transportation equipment make up the largest share of Maryland's exports to Tunisia.
- Tunisia is Maryland's 52nd largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of all products and services exported from the U.S. state of Maryland to the country of Tunisia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial relationship between Maryland and Tunisia, which is useful for policymakers and trade analysts to understand regional trade dynamics and the impacts of trade policies.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on mandatory reporting by exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to gauge the health of Maryland's export economy and to inform decisions around trade policy, such as the effects of trade agreements and tariffs.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade activity. Additionally, the data only covers exports from Maryland and does not include imports or trade in services.
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Citation
U.S. Federal Reserve, Value of Exports to Tunisia from Maryland (MDTUNA052SCEN), retrieved from FRED.