Number of Identified Exporters to Brazil from Montana
MTBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
22.22%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of exporters from the U.S. state of Montana that sell goods to Brazil. It provides insights into the engagement of Montana-based businesses in international trade.
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 Number of Identified Exporters to Brazil from Montana tracks the count of unique companies located in Montana that export products or services to Brazil. This data offers a proxy for the trade relationships and economic integration between Montana and the Brazilian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Historical Context
This trend is used by economists and policymakers to evaluate the export activity and trade patterns of Montana-based firms.
Key Facts
- Montana exported $53 million in goods to Brazil in 2021.
- The number of Montana exporters to Brazil has increased by 15% since 2015.
- Top Montana exports to Brazil include agricultural products and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Montana that export goods or services to Brazil.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationships and economic integration between Montana and the Brazilian market, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to evaluate the export activity and trade patterns of Montana-based firms, which can inform decisions on trade agreements, export promotion programs, and other economic policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period. Additionally, the trend may not capture all exporting activity, as it relies on businesses self-reporting their export destinations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Montana (MTBRAA475SCEN), retrieved from FRED.