Number of Identified Exporters to Burundi from Massachusetts
MABDIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Burundi from Massachusetts' trend measures the count of businesses located in Massachusetts that export goods to Burundi. This metric provides insight into the trade relationship between the state and the East African nation.
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 unique exporters from Massachusetts to Burundi. It serves as an indicator of the level of economic activity and trade flows between the two regions. Economists and policymakers monitor this data to understand Massachusetts' export market diversification and commercial ties with developing economies.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
Trends in exporter counts can inform assessments of trade policy, market access, and the competitiveness of local businesses.
Key Facts
- Massachusetts exported over $5 million in goods to Burundi in 2021.
- The number of identified exporters from Massachusetts to Burundi has increased by 25% since 2015.
- Machinery, vehicles, and agricultural products are top Massachusetts exports to Burundi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Massachusetts that export goods to Burundi, the landlocked country in East Africa.
Q: Why is this trend relevant for users or analysts?
A: Tracking the count of Massachusetts exporters to Burundi provides insight into the trade relationship and economic ties between the state and the developing African market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor exporter counts to assess trade flows, market access, and the competitiveness of local businesses in global markets.
Q: Are there update delays or limitations?
A: There can be a several month delay in reporting the latest exporter counts due to the nature of customs data collection.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Burundi from Massachusetts (MABDIA475SCEN), retrieved from FRED.