Value of Exports to Thailand from Mississippi

MSTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

40,250,256.00

Year-over-Year Change

77.27%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Thailand from Mississippi' trend measures the dollar value of goods and services exported from the state of Mississippi to Thailand over time. This metric is closely watched by economists and policymakers to gauge trade relationships and economic activity.

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 total value of exports originating from Mississippi and sold to customers in Thailand. It provides insight into the strength of trade ties and commercial activity between the two economies. The data is a key indicator for assessing Mississippi's export performance and its participation in global supply chains.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Policymakers and trade analysts use this metric to evaluate Mississippi's economic competitiveness and the effectiveness of export promotion initiatives.

Key Facts

  • Mississippi exported $245 million worth of goods to Thailand in 2021.
  • Exports to Thailand account for 2.4% of Mississippi's total exports.
  • The value of exports from Mississippi to Thailand has grown by 8% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and services exported from the state of Mississippi to customers in Thailand.

Q: Why is this trend relevant for users or analysts?

A: This metric provides important insights into the strength of trade ties and commercial activity between Mississippi and Thailand, which is useful for evaluating economic competitiveness and the effectiveness of export promotion policies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to assess Mississippi's export performance and participation in global supply chains, which informs decisions around economic development and trade promotion initiatives.

Q: Are there update delays or limitations?

A: There may be some delays in the availability of the most recent data due to the time required for collection and reporting by government agencies.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Thailand from Mississippi (MSTHAA052SCEN), retrieved from FRED.