Value of Exports to Taiwan from Michigan
MITWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
294,514,367.00
Year-over-Year Change
36.65%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Michigan' measures the dollar value of goods and services exported from the state of Michigan to Taiwan. This metric is important for economists and policymakers to assess Michigan's trade relationship with a key Asian economic 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 economic indicator tracks the total value of products and services exported from Michigan businesses to consumers and companies in Taiwan. It provides insights into the strength of Michigan's export economy and its trade dynamics with a major trading counterpart.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of Michigan exporters.
Historical Context
This export data is used by policymakers and market analysts to evaluate Michigan's trade policies and business opportunities with Taiwan.
Key Facts
- Michigan is one of the top exporting states in the U.S.
- Taiwan is Michigan's 6th largest export market globally.
- Exports to Taiwan account for over 3% of Michigan's total exports.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total dollar value of goods and services exported from the state of Michigan to consumers and businesses in Taiwan.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the strength of Michigan's trade relationship with a key Asian economic partner and is used by policymakers and market analysts to evaluate business opportunities.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of Michigan exporters.
Q: How is this trend used in economic policy?
A: This export value data is used by policymakers and market analysts to evaluate Michigan's trade policies and business opportunities with Taiwan.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, with potential lags in availability.
Related Trends
Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Chinese Taipei
IDS1YMAORIGGTW
Number of Identified Exporters to Taiwan from Ohio
OHTWNA475SCEN
Value of Exports to Taiwan from U.S. Virgin Islands
VITWNA052SCEN
Value of Exports to Taiwan from Kansas
KSTWNA052SCEN
General government net lending/borrowing for Taiwan Province of China
GGNLBATWA188N
Value of Exports to Taiwan from Massachusetts
MATWNA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Michigan (MITWNA052SCEN), retrieved from FRED.