Number of Identified Exporters to Mali from Minnesota
MNMLIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
-40.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Mali from Minnesota' trend measures the count of companies located in Minnesota that exported goods to Mali. This metric provides insight into the trade relationship between the state of Minnesota and the African nation of Mali.
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 number of exporters based in Minnesota that ship products to Mali. It serves as an indicator of the commercial ties and economic activity between the two regions. Policymakers and analysts use this data to assess the strength of Minnesota's export markets and potential areas for trade expansion.
Methodology
The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.
Historical Context
This export trend is relevant for understanding Minnesota's export economy and its connectivity to global markets.
Key Facts
- Minnesota is a major exporter of agricultural products, machinery, and medical equipment.
- Mali is a developing economy in West Africa with growing trade ties to the United States.
- The number of Minnesota exporters to Mali has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of companies located in Minnesota that exported goods to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Minnesota and Mali, which is useful for policymakers and businesses assessing export market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies engaged in international trade.
Q: How is this trend used in economic policy?
A: This export trend is relevant for understanding Minnesota's export economy and its connectivity to global markets, which informs trade and economic development policies.
Q: Are there update delays or limitations?
A: The data may have some lag in reporting and may not capture all exporters, as it relies on survey responses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Mali from Minnesota (MNMLIA475SCEN), retrieved from FRED.