Number of Identified Exporters to Russia from Missouri
MORUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
107.00
Year-over-Year Change
67.19%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Russia from Missouri measures the count of businesses in Missouri that export goods and services to Russia. This metric provides insights into the economic ties between Missouri and the Russian market.
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 data series tracks the number of companies based in Missouri that are exporting to Russia. It offers a gauge of Missouri's export activity and commercial integration with the Russian economy.
Methodology
The data is collected through surveys of U.S. businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to assess Missouri's trade exposure and commercial relationships.
Key Facts
- Missouri was the 10th largest exporting state in the U.S. in 2021.
- Russia was the 24th largest destination for U.S. exports in 2021.
- The number of Missouri exporters to Russia declined by 7% from 2019 to 2021.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Missouri that export goods or services to Russia. It provides a quantitative indicator of the commercial ties between Missouri and the Russian market.
Q: Why is this trend relevant for users or analysts?
A: The number of Missouri exporters to Russia is a valuable data point for understanding the state's international trade exposure and integration with the Russian economy. It informs policymakers, trade analysts, and businesses about market opportunities and risks.
Q: How is this data collected or calculated?
A: The data is gathered through surveys of U.S. companies and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations use this metric to assess Missouri's export activity, identify market trends, and inform strategies for supporting state businesses in international trade.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the availability of this data due to the time required for business surveys and customs reporting. The metric also does not capture all exporting activity, as it only counts identified exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from Missouri (MORUSA475SCEN), retrieved from FRED.