Value of Exports to Cuba from Minnesota

MNCUBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

11,491,604.00

Year-over-Year Change

0.00%

Date Range

1/1/2006 - 1/1/2006

Summary

The 'Value of Exports to Cuba from Minnesota' series measures the total value of goods and services exported from the U.S. state of Minnesota to Cuba. This data is important for understanding trade dynamics and economic relationships 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 tracks the value, in U.S. dollars, of all products and services exported from Minnesota to Cuba. It provides insight into the commercial ties and trade flows between the state and the island nation, which have a unique geopolitical history.

Methodology

The data is collected and reported by the U.S. Census Bureau based on export declaration forms and other administrative records.

Historical Context

Policymakers and analysts use this data to evaluate the economic relationship between Minnesota and Cuba, as well as broader trends in U.S.-Cuba trade.

Key Facts

  • Minnesota exported $X.XX million in goods to Cuba in the latest year.
  • Exports from Minnesota to Cuba have grown/declined by Y% over the past 5 years.
  • Top export categories from Minnesota to Cuba include [category 1], [category 2], and [category 3].

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the U.S. state of Minnesota to Cuba. It provides insight into the trade relationship between the two regions.

Q: Why is this trend relevant for users or analysts?

A: This data is important for understanding the economic ties between Minnesota and Cuba, as well as broader trends in U.S.-Cuba trade. It is used by policymakers, businesses, and economists to analyze the commercial relationship between the two regions.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on export declaration forms and other administrative records.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to evaluate the economic relationship between Minnesota and Cuba, as well as to inform broader discussions around U.S. trade policy with Cuba.

Q: Are there update delays or limitations?

A: There may be delays of several months in the reporting of this data, and the coverage may not include all export activities between Minnesota and Cuba.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Cuba from Minnesota (MNCUBA052SCEN), retrieved from FRED.