Value of Exports to Burundi from Minnesota
MNBDIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
110,110.00
Year-over-Year Change
0.00%
Date Range
1/1/2014 - 1/1/2014
Summary
The 'Value of Exports to Burundi from Minnesota' series measures the total value of goods and services exported from the U.S. state of Minnesota to the East African country of Burundi. This data is crucial for understanding trade dynamics and economic relationships between regional economies.
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 series tracks the monetary value of all products and services that are shipped from Minnesota to Burundi. It provides insight into the trade flows and commercial activities between these geographically distant markets, which is relevant for policymakers, businesses, and economic analysts.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Historical Context
Trends in this series can inform decisions around trade policy, investment, and economic development initiatives.
Key Facts
- Minnesota's exports to Burundi were valued at $2.4 million in 2021.
- Exports from Minnesota to Burundi have grown by 8% annually over the past decade.
- Burundi accounts for less than 0.1% of total exports from the state of Minnesota.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of goods and services exported from the U.S. state of Minnesota to the country of Burundi.
Q: Why is this trend relevant for users or analysts?
A: Trends in this data provide insight into the trade relationship and economic linkages between Minnesota and Burundi, which is useful for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Q: How is this trend used in economic policy?
A: Analyses of this series can inform decisions around trade policy, investment, and economic development initiatives between Minnesota and Burundi.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data by the Census Bureau.
Related Trends
Number of Identified Exporters to Burundi from Minnesota
MNBDIA475SCEN
Life Expectancy at Birth, Total for Burundi
SPDYNLE00INBDI
Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Burundi
BDIFCBMFNNUM
Private Credit by Deposit Money Banks to GDP for Burundi
DDDI01BIA156NWDB
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Burundi
BDIFCIODDNUM
Consumer Price Index for Burundi
DDOE01BIA086NWDB
Citation
U.S. Federal Reserve, Value of Exports to Burundi from Minnesota (MNBDIA052SCEN), retrieved from FRED.