Value of Exports to Morocco from Minnesota
MNMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,148,673.00
Year-over-Year Change
-36.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Minnesota' metric tracks the total value of goods exported from the state of Minnesota to the North African country of Morocco. This data provides insight into the economic 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 series measures the dollar value of all physical goods and commodities exported from the state of Minnesota to Morocco. It is used by economists and policymakers to analyze trade flows, identify export opportunities, and understand the importance of Morocco as an export market for Minnesota-based businesses.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is relevant for understanding the role of international trade in Minnesota's economy and can inform economic development strategies.
Key Facts
- Minnesota exported $58 million worth of goods to Morocco in 2021.
- Machinery and agricultural products are major export categories from Minnesota to Morocco.
- Morocco is the 51st largest export market for Minnesota businesses.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of physical goods and commodities exported from the state of Minnesota to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the economic relationship between Minnesota and Morocco, which is important for understanding trade flows, identifying export opportunities, and informing economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and economists analyzing international trade patterns and the importance of Morocco as an export market for Minnesota-based businesses.
Q: Are there update delays or limitations?
A: The data is published with a lag, so the most recent figures may not reflect the latest economic conditions.
Related Trends
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NYGDPPCAPKDMAR
Central Government Net Lending/borrowing (central Govt Fiscal Balance) for Morocco
MARGCXCNLGDPGDPPT
Use of Financial Services: Key Indicators, Household Deposit Accounts with Commercial Banks Per 1000 Adults for Morocco
MARFCAODCHANUM
Bank's Overhead Costs to Total Assets for Morocco
DDEI04MAA156NWDB
Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Morocco
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Literacy Rate, Adult Total for Morocco
SEADTLITRZSMAR
Citation
U.S. Federal Reserve, Value of Exports to Morocco from Minnesota (MNMARA052SCEN), retrieved from FRED.