Value of Exports to Chile from Missouri
MOCHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
47,782,085.00
Year-over-Year Change
45.20%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Chile from Missouri measures the dollar value of goods and services exported from the state of Missouri to Chile. This metric is important for economists and policymakers to assess trade relationships and commercial activity between regional U.S. economies and international markets.
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 represents the total value of exports originating from Missouri that are shipped to Chile. It provides insights into the economic ties and commercial exchange between the state and this important South American trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Tracking export values is crucial for understanding regional trade dynamics and the impacts of economic policies, trade agreements, and global market conditions.
Key Facts
- Missouri exported over $300 million worth of goods to Chile in 2021.
- Agricultural products and machinery are major export categories from Missouri to Chile.
- Export values from Missouri to Chile have grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Chile from Missouri measures the total dollar value of goods and services exported from the state of Missouri to the country of Chile.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and commercial activity between the Missouri economy and the Chilean market, which is important for understanding regional economic dynamics and the impacts of trade policies.
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: Policymakers and economists use this data to assess the effects of trade agreements, tariffs, and other policies on regional export activity and the competitiveness of state-level industries in international markets.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a lag of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Value of Exports to Chile from Missouri (MOCHLA052SCEN), retrieved from FRED.