Value of Exports to Dominican Republic from Missouri
MODOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,648,003.00
Year-over-Year Change
72.10%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Missouri' metric tracks the total dollar value of goods exported from the U.S. state of Missouri to the Dominican Republic. This data provides insights into Missouri's trade relationship with the Dominican market.
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 measures the total value of physical goods exported from Missouri to the Dominican Republic over a given time period. The data is used by policymakers, trade analysts, and businesses to assess Missouri's export performance and understand trends in the state's trade flows with the Dominican market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Analyzing export values can inform decisions around trade policy, economic development, and market access.
Key Facts
- Missouri exported over $280 million in goods to the Dominican Republic in 2021.
- Exports to the Dominican Republic account for around 2% of total Missouri exports.
- Transportation equipment and agricultural products are major export categories from Missouri to the Dominican Republic.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of physical goods exported from the U.S. state of Missouri to the Dominican Republic over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Analyzing export values to the Dominican Republic provides insights into Missouri's trade relationship with this important Latin American market, which can inform economic development, trade policy, and business strategy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to assess Missouri's export performance and understand trends in the state's trade flows with the Dominican market, which can inform decisions around trade policy and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the most recent data, as the Census Bureau collects and processes the information from surveyed companies.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Missouri (MODOMA052SCEN), retrieved from FRED.