Value of Exports to Russia from Massachusetts
MARUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
198,534,688.00
Year-over-Year Change
279.81%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Massachusetts' economic trend measures the total value of goods and services exported from Massachusetts to Russia. This data provides insights into the trade relationship between the state and a key trading partner.
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 dollar value of exports originating from Massachusetts and destined for Russia. It offers an important indicator of the economic ties and trade flows between the two regions, which is relevant for businesses, policymakers, and analysts assessing regional and global trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This export data is used to inform trade policy decisions and analysis of economic relationships.
Key Facts
- Massachusetts exported $258 million to Russia in 2021.
- Exports to Russia account for 1.2% of total Massachusetts exports.
- Machinery and transportation equipment are top export categories.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of Massachusetts to Russia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Massachusetts and a key global trading partner, which is important for understanding regional economic dynamics and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: This export data is used to inform trade policy decisions and analysis of economic relationships between regions.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all trade flows due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Massachusetts (MARUSA052SCEN), retrieved from FRED.