Value of Exports to Costa Rica from Missouri
MOCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,526,995.00
Year-over-Year Change
-21.28%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Costa Rica from Missouri' trend measures the dollar value of goods and services exported from the state of Missouri to Costa Rica. This metric is important for economists and policymakers to understand regional trade dynamics and competitiveness.
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 economic series tracks the total value of exports originating from Missouri and destined for Costa Rica. It provides insight into the trade relationship and commercial activity between the two regions. Analyzing this data can inform economic development strategies and international trade policies.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to assess Missouri's export performance and competitiveness in the Costa Rican market.
Key Facts
- Missouri exported $193 million worth of goods to Costa Rica in 2021.
- Machinery and transportation equipment are Missouri's top exports to Costa Rica.
- Costa Rica was Missouri's 51st largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Missouri to Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and commercial activity between Missouri and Costa Rica, which is important for understanding regional economic dynamics and competitiveness.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess Missouri's export performance and competitiveness in the Costa Rican market, which can inform economic development strategies and international trade policies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Missouri (MOCRIA052SCEN), retrieved from FRED.