Number of Identified Exporters to Saint Kitts and Nevis from Minnesota
MNKNAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
90.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic indicator tracks the number of exporters from the U.S. state of Minnesota that send goods to the Caribbean island nation of Saint Kitts and Nevis. It provides insights into Minnesota's export relationships and trade flows with this small island economy.
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 Number of Identified Exporters to Saint Kitts and Nevis from Minnesota is a measure of the count of unique companies or entities in Minnesota that export goods and services to Saint Kitts and Nevis. This data can be used to assess trends in Minnesota's export activity and trade ties with the Caribbean country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This indicator is relevant for policymakers, economists, and businesses interested in understanding Minnesota's international trade patterns and economic relationships.
Key Facts
- Minnesota exported $2.8 million in goods to Saint Kitts and Nevis in 2021.
- The number of identified Minnesota exporters to Saint Kitts and Nevis reached a high of 25 in 2017.
- Food and beverage products make up the largest category of Minnesota's exports to Saint Kitts and Nevis.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of unique companies or entities located in the U.S. state of Minnesota that export goods and services to the Caribbean island nation of Saint Kitts and Nevis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Minnesota's export relationships and trade flows with Saint Kitts and Nevis, which can be useful for policymakers, economists, and businesses analyzing regional economic development and international trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This indicator can be used by policymakers, trade organizations, and economic development agencies to monitor and support Minnesota's export activities and trade relationships with Saint Kitts and Nevis.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the indicator only reflects trade with Saint Kitts and Nevis, not Minnesota's overall export activity.
Related Trends
Number of Identified Exporters to Saint Kitts and Nevis from Connecticut
CTKNAA475SCEN
Value of Exports to Saint Kitts and Nevis from Pennsylvania
PAKNAA052SCEN
Value of Exports to Saint Kitts and Nevis from Delaware
DEKNAA052SCEN
Number of Identified Exporters to Saint Kitts and Nevis from Oklahoma
OKKNAA475SCEN
Gross Domestic Product for St. Vincent and the Grenadines
SVGNGDPRPCH
Number of Identified Exporters to Saint Kitts and Nevis from Mississippi
MSKNAA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Saint Kitts and Nevis from Minnesota (MNKNAA475SCEN), retrieved from FRED.