Value of Exports to Canada from Mississippi
MSCANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,945,310,007.00
Year-over-Year Change
243.57%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Mississippi to Canada. It is an important indicator of cross-border trade and economic integration between the two regions.
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 Canada from Mississippi series tracks the dollar value of physical goods and services exported from Mississippi to Canada. This data provides insights into the strength of the economic relationship and trade flows between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Historical Context
Policymakers and economists use this trend to assess the health of Mississippi's export-oriented industries and the broader economic ties between the U.S. and Canada.
Key Facts
- Mississippi exported over $4 billion in goods and services to Canada in 2021.
- Canada is Mississippi's largest export market, accounting for 28% of the state's total exports.
- The top Mississippi exports to Canada include chemicals, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of physical goods and services exported from the U.S. state of Mississippi to Canada.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the strength of the economic relationship and trade flows between Mississippi and Canada, which is an important indicator of cross-border commerce and regional economic integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the health of Mississippi's export-oriented industries and the broader economic ties between the U.S. and Canada.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Canada from Mississippi (MSCANA052SCEN), retrieved from FRED.