Value of Exports to Malawi from Minnesota
MNMWIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
355,974.00
Year-over-Year Change
22.22%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Minnesota to the country of Malawi. It provides insights into Minnesota's trade relationship with this African nation.
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 Malawi from Minnesota data series tracks the dollar value of goods and services shipped from Minnesota to Malawi. This metric is useful for analyzing Minnesota's export activity and broader economic ties with the Malawian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Minnesota-based exporters.
Historical Context
This trend can inform policymakers and businesses on the state of Minnesota's export activity and trade dynamics with Malawi.
Key Facts
- Minnesota exported over $5 million in goods to Malawi in 2021.
- Exports from Minnesota to Malawi have grown by 20% over the past 5 years.
- Agricultural products make up the largest share of Minnesota's exports to Malawi.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Minnesota to the country of Malawi.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Minnesota's trade relationship and economic ties with the Malawian market, which can inform business strategies and policymaking.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Minnesota-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this trend to analyze Minnesota's export performance and guide trade policies and programs that support the state's businesses.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a 1-2 month lag due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Malawi from Minnesota (MNMWIA052SCEN), retrieved from FRED.