Value of Exports to Canada from Missouri
MOCANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,310,065,175.00
Year-over-Year Change
17.10%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the value of exports from the U.S. state of Missouri to its largest trade partner, Canada. It provides insight into Missouri's international trade flows and economic integration with its northern neighbor.
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 Canada from Missouri series measures the dollar value of all goods and services exported from Missouri to Canada. It is an important metric for evaluating Missouri's trade relationship and economic linkages with its Canadian trading partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This trend is closely watched by policymakers, trade analysts, and businesses to gauge Missouri's export competitiveness and the health of its trade ties with Canada.
Key Facts
- Missouri is the 6th largest exporting state in the U.S.
- Canada is Missouri's top international trade partner, accounting for over 30% of the state's exports.
- Missouri's exports to Canada have grown by over 50% in the past decade.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Canada from Missouri series tracks the dollar value of all goods and services exported from the U.S. state of Missouri to its northern neighbor, Canada.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Missouri's international trade flows and economic integration with its largest trade partner, Canada. It is closely monitored by policymakers, businesses, and trade analysts to gauge the state's export competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Missouri's trade relationship with Canada and the overall health of the state's export economy. It informs decisions around trade policy, business investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks. There may also be revisions to historical data as new information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Canada from Missouri (MOCANA052SCEN), retrieved from FRED.