Value of Exports to Germany from Missouri
MODEUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
452,519,171.00
Year-over-Year Change
48.54%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Germany from Missouri' measures the dollar value of goods and services exported from the state of Missouri to Germany. This metric is important for understanding Missouri's international trade relationships and economic ties with a major trading partner.
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 indicator tracks the value of merchandise and services exported from Missouri to the German market over time. Analyzing trends in Missouri's exports to Germany can provide insights into the state's trade dynamics, competitiveness, and economic integration with a key European economy.
Methodology
The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess Missouri's export performance and competitiveness in the global economy.
Key Facts
- Missouri exported over $1 billion in goods and services to Germany in 2021.
- Germany is Missouri's 4th largest export destination.
- Machinery and transportation equipment are major Missouri exports to Germany.
FAQs
Q: What does this economic trend measure?
A: This indicator measures the total dollar value of goods and services exported from the state of Missouri to Germany over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Tracking Missouri's export value to Germany is important for understanding the state's international trade relationships, economic integration, and competitiveness in a key global market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Missouri's export performance and shape policies that support the state's international trade and economic development.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Germany from Missouri (MODEUA052SCEN), retrieved from FRED.