Value of Exports to Mali from Florida
FLMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,324,134.00
Year-over-Year Change
235.62%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Mali from Florida' series measures the total value of goods and services exported from the state of Florida to the country of Mali. This metric is important for understanding Florida's international trade relationships and economic linkages.
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 represents the dollar value of all products and services shipped from Florida businesses and producers to customers and clients in Mali. It is a key indicator of the commercial exchange between the two economies and can provide insights into industry-specific trade flows.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and trade analysts use this metric to evaluate the performance and diversification of Florida's export markets.
Key Facts
- Florida exported $25.7 million in goods and services to Mali in 2021.
- Mali accounts for less than 0.1% of total Florida exports.
- Machinery and transportation equipment are Florida's top exports to Mali.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Florida to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Florida's international trade relationships and can help policymakers and analysts evaluate the state's export market diversification.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the performance and composition of Florida's export markets.
Q: Are there update delays or limitations?
A: The data is subject to the typical publication lags of U.S. Census Bureau trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Mali from Florida (FLMLIA052SCEN), retrieved from FRED.