Value of Exports to Greenland from Minnesota
MNGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
125,397.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2010
Summary
The 'Value of Exports to Greenland from Minnesota' series measures the total value of goods exported from the U.S. state of Minnesota to the island country of Greenland. This data provides insight into trade patterns and economic ties between these 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
The 'Value of Exports to Greenland from Minnesota' series tracks the dollar value of physical goods shipped from Minnesota businesses and producers to customers in Greenland. It represents an important component of Minnesota's overall export activity and trade relationship with this Arctic nation.
Methodology
The data is collected by the U.S. Census Bureau through its export tracking program.
Historical Context
This series is used by economists, trade analysts, and policymakers to monitor Minnesota's export performance and assess the health of its commercial ties with Greenland.
Key Facts
- Minnesota is one of the top exporting states in the U.S.
- Greenland is a small but strategically important trading partner for Minnesota
- Export values to Greenland have seen volatility in recent years
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Greenland from Minnesota' series tracks the total dollar value of physical goods exported from the U.S. state of Minnesota to the country of Greenland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Minnesota and Greenland, which is an important economic and geopolitical consideration for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its export tracking program.
Q: How is this trend used in economic policy?
A: Economists, trade analysts, and policymakers use this series to monitor Minnesota's export performance and assess the health of its commercial ties with Greenland.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations due to the relatively small trade volumes between Minnesota and Greenland.
Related Trends
Value of Exports to Greenland from Michigan
MIGRLA052SCEN
Number of Identified Exporters to Greenland from Massachusetts
MAGRLA475SCEN
Value of Exports to Greenland from Utah
UTGRLA052SCEN
Value of Exports to Greenland from Kansas
KSGRLA052SCEN
Value of Exports to Greenland from Illinois
ILGRLA052SCEN
Number of Identified Exporters to Greenland from Ohio
OHGRLA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Greenland from Minnesota (MNGRLA052SCEN), retrieved from FRED.