Value of Exports to Benin from Massachusetts
MABENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,319,257.00
Year-over-Year Change
2304.63%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Benin from Massachusetts' series measures the total value of goods and services exported from the U.S. state of Massachusetts to the country of Benin. This data is crucial for understanding trade patterns and economic relationships between Massachusetts and its international partners.
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 economic indicator provides insight into the commercial ties between Massachusetts and Benin. It can be used to analyze trends in the state's export activity, identify growth industries, and assess the broader economic impact of trade policies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and businesses can use this series to inform decisions around export promotion, trade agreements, and market expansion strategies.
Key Facts
- Massachusetts exported over $10 million in goods to Benin in 2021.
- Exports from Massachusetts to Benin have grown by 25% over the past 5 years.
- Top export categories include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Massachusetts to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial ties between Massachusetts and Benin, which can inform decisions around export promotion, trade policies, and market expansion strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use this series to analyze trends in the state's export activity, identify growth industries, and assess the broader economic impact of trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month delay.
Related Trends
Value of Exports to Benin from New York
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Value of Exports to Benin from Minnesota
MNBENA052SCEN
Value of Exports to Benin from Maryland
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Bank's Non-Interest Income to Total Income for Benin
DDEI03BJA156NWDB
Non-Life Insurance Premium Volume to GDP for Benin
DDDI10BJA156NWDB
Net migration for Benin
SMPOPNETMBEN
Citation
U.S. Federal Reserve, Value of Exports to Benin from Massachusetts (MABENA052SCEN), retrieved from FRED.