Value of Exports to Morocco from Massachusetts
MAMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,814,232.00
Year-over-Year Change
127.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Massachusetts' series measures the total value of goods and services exported from the state of Massachusetts to the country of Morocco. This metric is important for economists and policymakers to understand regional trade patterns and the economic relationships between U.S. states and foreign markets.
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 monetary value of all products and services shipped from businesses located in Massachusetts to buyers in Morocco. It provides insight into the trade dynamics and commercial activity between the two economies, which can inform decisions around economic development, international commerce, and bilateral policy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market analysts use this series to evaluate Massachusetts' trade position and competitiveness in the Moroccan market.
Key Facts
- Massachusetts is a major exporter, shipping over $26 billion in goods annually.
- Morocco is an important trading partner for many U.S. states, importing $2.4 billion in 2021.
- Exports to Morocco account for about 0.5% of total Massachusetts exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Massachusetts to Morocco on an annual basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Massachusetts and Morocco, which can inform decisions around economic policy, international commerce, and regional competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies located in Massachusetts.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to evaluate Massachusetts' trade position and competitiveness in the Moroccan market, which can inform decisions around economic development and international commerce.
Q: Are there update delays or limitations?
A: The data is published annually with a delay of several months, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Massachusetts (MAMARA052SCEN), retrieved from FRED.