Number of Identified Exporters to Nigeria from Missouri
MONGAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
126.00
Year-over-Year Change
425.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Nigeria from Missouri' trend measures the total number of companies located in Missouri that export goods and services to Nigeria. This data provides insight into Missouri's trade relationship with the Nigerian 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 tracks the count of unique exporting entities based in Missouri that sell to Nigeria. It serves as an indicator of Missouri's export activity and integration with the Nigerian economy. Economists and policymakers use this data to analyze trade patterns and competitiveness.
Methodology
The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Historical Context
Monitoring trends in exporter counts can inform policies aimed at promoting exports and international market access for local businesses.
Key Facts
- Missouri exported over $200 million in goods to Nigeria in 2021.
- The number of identified Missouri exporters to Nigeria has increased by 25% since 2015.
- Nigeria is Missouri's 5th largest export market in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of companies located in the U.S. state of Missouri that export goods and services to Nigeria.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of exporters provides insight into Missouri's trade relationship and competitiveness in the Nigerian market, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Monitoring exporter counts can inform policies aimed at promoting exports and international market access for local Missouri businesses.
Q: Are there update delays or limitations?
A: The data is subject to some reporting lags, but is generally updated on a quarterly basis by the Census Bureau.
Related Trends
Value of Exports to Nigeria from Kentucky
KYNGAA052SCEN
Use of Financial Services: Number of Depositors at Deposit Taking Microfinance Institutions (MFIs) for Nigeria
NGAFCDODMFPENUM
Use of Financial Services Borrowers: Persons Borrowing from Deposit Taking Microfinance Institutions (MFIs) for Nigeria
NGAFCRODMFPENUM
Bank Non-Performing Loans to Gross Loans for Nigeria
DDSI02NGA156NWDB
Value of Exports to Nigeria from New York
NYNGAA052SCEN
Credit to Government and State-Owned Enterprises to GDP for Nigeria
DDEI08NGA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Nigeria from Missouri (MONGAA475SCEN), retrieved from FRED.