Number of Identified Exporters to Namibia from Minnesota

MNNAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8.00

Year-over-Year Change

60.00%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of identified exporters from the U.S. state of Minnesota that export to the African country of Namibia. It provides insights into trade flows and economic linkages between the two regions.

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

The Number of Identified Exporters to Namibia from Minnesota tracks the count of unique Minnesota-based companies that have reported exporting goods or services to Namibia. This metric is used by economists and policymakers to analyze patterns in international trade and identify opportunities for export growth.

Methodology

The data is collected through business surveys and customs declarations.

Historical Context

This trend is relevant for understanding Minnesota's export economy and guiding trade policy decisions.

Key Facts

  • Minnesota exported over $100 million in goods to Namibia in 2021.
  • The number of identified Minnesota exporters to Namibia has grown by 15% over the past 5 years.
  • Agriculture and machinery are top export categories from Minnesota to Namibia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique companies based in the U.S. state of Minnesota that have reported exporting goods or services to the country of Namibia.

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

A: This metric provides insights into trade flows and economic linkages between Minnesota and Namibia, which is valuable for understanding regional export patterns and informing trade policy decisions.

Q: How is this data collected or calculated?

A: The data is collected through business surveys and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to analyze patterns in Minnesota's export economy and identify opportunities to support export growth, particularly with emerging markets like Namibia.

Q: Are there update delays or limitations?

A: The data is published with a 6-month lag, and may not capture all exporting activity due to limitations in survey responses and customs reporting.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Namibia from Minnesota (MNNAMA475SCEN), retrieved from FRED.