Number of Identified Exporters to Guinea from Minnesota
MNGINA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
200.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Guinea from Minnesota' measures the count of businesses located in Minnesota that export goods to Guinea. This metric provides insight into the trade relationship 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 economic indicator tracks the number of unique Minnesota-based companies that export products to the West African nation of Guinea. It offers a quantitative view of the commercial ties and trade flows between the state and the foreign market.
Methodology
The data is collected through surveys of U.S. businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to evaluate Minnesota's export activity and competitiveness in the Guinean market.
Key Facts
- Minnesota exported $X.X million in goods to Guinea in the latest year.
- The number of identified Minnesota exporters to Guinea has increased/decreased by X% over the past 5 years.
- Guinea ranks Xth among Minnesota's top export destinations.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique businesses located in Minnesota that export products to the West African country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: The 'Number of Identified Exporters to Guinea from Minnesota' provides insight into the trade relationship and commercial ties between the state and the foreign market, which is valuable for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Minnesota's export activity and competitiveness in the Guinean market.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for collection and processing.
Related Trends
Value of Exports to Guinea from Virginia
VAGINA052SCEN
Use of Financial Services, Assets: Outstanding Loans to Households at Credit Unions and Financial Cooperatives for Guinea
GINFCSODUHXDC
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCBODMFLNUM
Use of Financial Services: Key Indicators, Outstanding Deposits from All Microfinance Institutions (MFIs) for Guinea
GINFCLODMFGGDPPT
Value of Exports to Guinea from Alabama
ALGINA052SCEN
Use of Financial Services: Number of Loan Accounts for Households at Non-deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCNMFNHNUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea from Minnesota (MNGINA475SCEN), retrieved from FRED.