Value of Exports to Gambia from Missouri
MOGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,258.00
Year-over-Year Change
53.45%
Date Range
1/1/2006 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Missouri to the country of Gambia. It provides insights into trade flows between these two economies.
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 Gambia from Missouri' metric tracks the dollar value of goods and services exported from Missouri to Gambia. This data point is used by economists and policymakers to analyze regional trade patterns and the economic relationship between the two markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend is relevant for understanding Missouri's economic connections to West African markets and can inform state-level trade policy decisions.
Key Facts
- Missouri exported $2.3 million worth of goods to Gambia in 2021.
- Gambia ranks 124th among destination countries for Missouri exports.
- Top Missouri exports to Gambia include transportation equipment and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Missouri to the country of Gambia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between the Missouri economy and the West African market of Gambia, which can inform economic and policy decisions.
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: This export value trend can be used by state and federal policymakers to understand Missouri's trade connections and develop strategies to support exports to African markets.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the most recent data due to the time required for collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Gambia from Missouri (MOGMBA052SCEN), retrieved from FRED.