Number of Identified Exporters to Hong Kong from Missouri
MOHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
390.00
Year-over-Year Change
10.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Missouri' metric tracks the total number of Missouri-based companies that export goods and services to Hong Kong. This data is crucial for understanding Missouri's international 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 series represents the count of unique exporting enterprises located in the state of Missouri that ship products or services to the Hong Kong market. It is an important indicator of Missouri's export activity and economic integration with a major Asian trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and economists use this metric to assess Missouri's export performance and identify opportunities to boost trade with Hong Kong.
Key Facts
- Missouri exported $590 million worth of goods to Hong Kong in 2021.
- The number of Missouri exporters to Hong Kong has increased by 25% since 2015.
- Hong Kong is Missouri's 6th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of unique businesses located in Missouri that export products or services to the Hong Kong market.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Missouri's export performance and trade relationship with a major Asian trading partner, Hong Kong.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of companies engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Missouri's export competitiveness and identify opportunities to expand trade with Hong Kong.
Q: Are there update delays or limitations?
A: The data is published with a lag, usually 6-12 months after the reference period.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Missouri (MOHKGA475SCEN), retrieved from FRED.