Value of Exports to Belarus from Michigan
MIBLRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,982,787.00
Year-over-Year Change
2035.38%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Belarus from Michigan' series measures the total value of merchandise exports from the U.S. state of Michigan to the country of Belarus. This data provides insights into the trade relationship between Michigan and Belarus.
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 tracks the flow of goods and services from Michigan to Belarus, which is an important factor in assessing the state's overall export activity and trade balance. The data can inform policymakers and businesses about evolving trade patterns and market opportunities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Analysts and policymakers use this series to monitor Michigan's trade performance and commercial ties with Belarus.
Key Facts
- Michigan exported $13.2 million in goods to Belarus in 2020.
- Belarus accounts for less than 0.1% of Michigan's total exports.
- Machinery and transportation equipment are Michigan's top exports to Belarus.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise exports from the U.S. state of Michigan to the country of Belarus.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Michigan and Belarus, which can inform policymakers and businesses about evolving trade patterns and market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to monitor Michigan's trade performance and commercial ties with Belarus.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags and may not capture all trade activity.
Related Trends
Number of Identified Exporters to Belarus from Iowa
IABLRA475SCEN
Bank Lending Deposit Spread for Belarus
DDEI02BYA156NWDB
Fertility Rate, Total for Belarus
SPDYNTFRTINBLR
Number of Identified Exporters to Belarus from California
CABLRA475SCEN
Value of Exports to Belarus from Ohio
OHBLRA052SCEN
Value of Exports to Belarus from Maryland
MDBLRA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Belarus from Michigan (MIBLRA052SCEN), retrieved from FRED.