Value of Exports to Guinea from Massachusetts
MAGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
915,402.00
Year-over-Year Change
164.48%
Date Range
1/1/2002 - 1/1/2017
Summary
The Value of Exports to Guinea from Massachusetts measures the total value of goods and services exported from the state of Massachusetts to the country of Guinea. This metric is important for economists and policymakers to understand trade flows and regional economic activity.
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 trend represents the total dollar value of all products and services exported from Massachusetts to Guinea. It is used to analyze trade patterns, foreign market access, and the impact of economic policies on state-level export activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
This export data helps inform trade negotiations, investment decisions, and economic development initiatives.
Key Facts
- Massachusetts exported $2.8 million in goods to Guinea in 2021.
- Guinea was the 130th largest export destination for Massachusetts in 2021.
- Top Massachusetts exports to Guinea include machinery, electrical equipment, and plastics.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Guinea from Massachusetts measures the total dollar value of all goods and services exported from the state of Massachusetts to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This export data is relevant for understanding trade flows, market access, and the economic relationship between Massachusetts and Guinea.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Q: How is this trend used in economic policy?
A: This export data helps inform trade negotiations, investment decisions, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months and may not capture all export activity.
Related Trends
Use of Financial Services: Number of Loan Accounts for Small and Medium Enterprises at Credit Unions and Financial Cooperatives for Guinea
GINFCNODUSNUM
Geographical Outreach: Number of Commercial Banks for Guinea
GINFCIODCNUM
Use of Financial Services: Number of Deposit Accounts at Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCAODMFNUM
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Guinea
GINFCLODCHGGDPPT
Number of Identified Exporters to Guinea from Vermont
VTGINA475SCEN
Number of Bank Branches for Guinea
DDAI02GNA643NWDB
Citation
U.S. Federal Reserve, Value of Exports to Guinea from Massachusetts (MAGINA052SCEN), retrieved from FRED.