Number of Identified Exporters to Andorra from Minnesota
MNANDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The Number of Identified Exporters to Andorra from Minnesota measures the count of firms in Minnesota that export goods to the small European country of Andorra. This data provides insights into the trade relationship between Minnesota and Andorra.
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 series tracks the number of Minnesota-based companies that are registered as exporters to Andorra, a small country located in the Pyrenees mountains between France and Spain. It offers a gauge of the commercial ties and economic flows between the U.S. state and the Principality of Andorra.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Minnesota's export markets and the interconnectedness of its economy with smaller European trading partners.
Key Facts
- Minnesota is the only U.S. state that exports to Andorra.
- Andorra is the smallest country by both area and population that receives exports from Minnesota.
- Exports to Andorra account for less than 0.1% of Minnesota's total international trade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies located in the U.S. state of Minnesota that are identified as exporting goods to the small European country of Andorra.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Minnesota and Andorra, offering a gauge of the commercial ties and economic flows between the U.S. state and the Principality of Andorra.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory exporter surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the strength of Minnesota's export markets and the interconnectedness of its economy with smaller European trading partners.
Q: Are there update delays or limitations?
A: The data is subject to the typical update delays and limitations of the U.S. Census Bureau's international trade statistics.
Related Trends
Number of Identified Exporters to Andorra from North Carolina
NCANDA475SCEN
Number of Identified Exporters to Andorra from Arizona
AZANDA475SCEN
Number of Identified Exporters to Andorra from Utah
UTANDA475SCEN
Number of Identified Exporters to Andorra from Idaho
IDANDA475SCEN
Value of Exports to Andorra from Florida
FLANDA052SCEN
Infant Mortality Rate for Andorra
SPDYNIMRTINAND
Citation
U.S. Federal Reserve, Number of Identified Exporters to Andorra from Minnesota (MNANDA475SCEN), retrieved from FRED.