Value of Exports to Norway from Missouri
MONORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,993,542.00
Year-over-Year Change
114.21%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Norway from Missouri' trend measures the dollar value of goods and services exported from the U.S. state of Missouri to Norway. This provides insight into Missouri's international trade and economic linkages.
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 value of merchandise exports from Missouri to Norway. It is a key indicator of the commercial and economic relationship between the two regions, and can be used to analyze trade patterns, competitiveness, and the impact of policies.
Methodology
The data is collected through a survey of exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this trend to understand Missouri's export performance and guide decisions around trade, economic development, and international relations.
Key Facts
- Missouri exported over $250 million worth of goods to Norway in 2021.
- Norway is Missouri's 37th largest export destination globally.
- Manufacturing accounts for over 90% of Missouri's exports to Norway.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Missouri to Norway. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This trend is important for understanding Missouri's international trade dynamics, economic competitiveness, and the impact of trade policies.
Q: How is this data collected or calculated?
A: The data is collected through a survey of exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to guide decisions around trade, economic development, and international relations.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag and may be subject to revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Norway from Missouri (MONORA052SCEN), retrieved from FRED.