Value of Exports to Cote d'Ivoire from Massachusetts

MACIVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,065,674.00

Year-over-Year Change

205.21%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Cote d'Ivoire from Massachusetts' tracks the total dollar value of goods exported from Massachusetts to the West African nation of Cote d'Ivoire. This metric is crucial for analyzing trade flows and economic relationships between the U.S. state and foreign 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 dollar value of physical goods, commodities, and products exported from the state of Massachusetts to Cote d'Ivoire. It is an important indicator of trade activity and commercial ties between the two regions, and can provide insights into market demand, supply chains, and economic policy considerations.

Methodology

The data is collected through customs declarations and surveys of exporting companies.

Historical Context

Policymakers and trade analysts monitor this metric to understand evolving trade patterns and the commercial importance of the Massachusetts-Cote d'Ivoire economic relationship.

Key Facts

  • Massachusetts is a major U.S. exporting state.
  • Cote d'Ivoire is an important West African trading partner.
  • Exports support jobs and economic growth in both regions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and products exported from the U.S. state of Massachusetts to the country of Cote d'Ivoire.

Q: Why is this trend relevant for users or analysts?

A: This metric is crucial for understanding trade flows, market dynamics, and the commercial relationship between Massachusetts and Cote d'Ivoire, which has important implications for economic policy and business strategy.

Q: How is this data collected or calculated?

A: The data is collected through customs declarations and surveys of exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts monitor this metric to assess evolving trade patterns and the commercial significance of the Massachusetts-Cote d'Ivoire economic relationship.

Q: Are there update delays or limitations?

A: There may be some delays in reporting due to the time required for data collection, but the metric generally provides a timely and reliable representation of export activity.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Cote d'Ivoire from Massachusetts (MACIVA052SCEN), retrieved from FRED.