Value of Exports to Belarus from Minnesota
MNBLRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,103,574.00
Year-over-Year Change
165.87%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Belarus from Minnesota' metric tracks the total value of goods and services exported from the U.S. state of Minnesota to the country of Belarus. This data is useful for economists and policymakers to understand trade dynamics between the two 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 represents the total value of all exported products and services originating from the state of Minnesota that are shipped to Belarus. It provides insight into the economic relationship and trade flows between the two areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Tracking these exports is relevant for understanding bilateral trade patterns and the economic impact of policies that may affect trade between Minnesota and Belarus.
Key Facts
- Minnesota exported $12.4 million in goods to Belarus in 2021.
- Belarus represents less than 0.1% of Minnesota's total export market.
- Machinery and agricultural products are major Minnesota exports to Belarus.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Minnesota to the country of Belarus.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Minnesota's exports to Belarus provides insight into the economic relationship and trade dynamics between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This export data can inform policies that impact trade between Minnesota and Belarus, such as tariffs, trade agreements, or export promotion programs.
Q: Are there update delays or limitations?
A: There may be lags of several months before the latest trade data is published by the Census Bureau.
Related Trends
Bank's Return on Assets for Belarus
DDEI05BYA156NWDB
Number of Identified Exporters to Belarus from Oklahoma
OKBLRA475SCEN
Number of Identified Exporters to Belarus from North Carolina
NCBLRA475SCEN
Number of Identified Exporters to Belarus from North Dakota
NDBLRA475SCEN
Number of Identified Exporters to Belarus from Illinois
ILBLRA475SCEN
Use of Financial Services, Assets: Outstanding Loans to Households at Commercial Banks for Belarus
BLRFCSODCHXDC
Citation
U.S. Federal Reserve, Value of Exports to Belarus from Minnesota (MNBLRA052SCEN), retrieved from FRED.