Value of Exports to Estonia from Michigan
MIESTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,722,183.00
Year-over-Year Change
346.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Estonia from Michigan' trend measures the value of goods and services exported from the U.S. state of Michigan to the country of Estonia. This metric is important for economists and policymakers to understand trade flows and economic relationships between specific regions.
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 total value of exports originating from the state of Michigan that are shipped to Estonia. It provides insights into the commercial activity and trade dynamics between these two economies, which is relevant for analyzing regional trade patterns and the broader Michigan-Estonia economic relationship.
Methodology
The data is collected by the U.S. Census Bureau through its Foreign Trade Division.
Historical Context
This export data is used by economists, trade analysts, and policymakers to assess the commercial ties and economic interdependence between Michigan and Estonia.
Key Facts
- Michigan is a major exporting state in the United States.
- Estonia is a member of the European Union and NATO.
- Trade between Michigan and Estonia has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Michigan to the country of Estonia.
Q: Why is this trend relevant for users or analysts?
A: This export data is important for understanding the commercial ties and trade dynamics between the Michigan and Estonian economies, which is relevant for regional economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Foreign Trade Division.
Q: How is this trend used in economic policy?
A: This export data is used by economists, trade analysts, and policymakers to assess the economic relationship and interdependence between Michigan and Estonia.
Q: Are there update delays or limitations?
A: The data is subject to regular updates by the U.S. Census Bureau, but may have some publication delays due to the nature of international trade reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Estonia from Michigan (MIESTA052SCEN), retrieved from FRED.