Number of Identified Exporters to Saudi Arabia from Mississippi
MSSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
87.00
Year-over-Year Change
33.85%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Saudi Arabia from Mississippi measures the total number of businesses in Mississippi that export goods and services to Saudi Arabia. This metric provides insights into the trade relationship between Mississippi and a key global 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 economic indicator tracks the count of businesses located in Mississippi that are actively exporting to Saudi Arabia. It serves as a useful barometer for understanding the scale and trends of international trade activity originating from the state.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts monitor this indicator to assess Mississippi's export performance and commercial ties with Saudi Arabia.
Key Facts
- Mississippi exported $206 million in goods to Saudi Arabia in 2021.
- The number of identified exporters from Mississippi to Saudi Arabia has grown by 12% since 2015.
- Saudi Arabia is Mississippi's 6th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total number of businesses located in Mississippi that are identified as exporting goods or services to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and trends of international trade activity originating from Mississippi, specifically its commercial relationship with the Saudi Arabian market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this indicator to assess Mississippi's export performance and commercial ties with Saudi Arabia, which can inform decisions around trade agreements, export promotion programs, and other economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a few months' lag, so it may not reflect the most recent trade activity. Additionally, the metric only captures identified exporters and may not account for all businesses in Mississippi that export to Saudi Arabia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Mississippi (MSSAUA475SCEN), retrieved from FRED.