Value of Exports to Barbados from Montana
MTBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,699.00
Year-over-Year Change
-84.79%
Date Range
1/1/2008 - 1/1/2015
Summary
The 'Value of Exports to Barbados from Montana' tracks the dollar value of goods and services shipped from the U.S. state of Montana to the Caribbean island nation of Barbados. This metric is useful for analyzing trade flows and economic linkages between specific 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
This series measures the total value of exports originating in Montana and destined for Barbados. It provides insight into the commercial relationship and economic integration between these two geographic areas, which can inform trade policy, investment decisions, and economic development strategies.
Methodology
The data is collected through surveys of U.S. exporters and customs records.
Historical Context
Policymakers and businesses use this metric to monitor evolving trade patterns and identify growth opportunities.
Key Facts
- Montana exported $2.3 million worth of goods to Barbados in 2021.
- Barbados was the 46th largest export destination for Montana in 2021.
- Agriculture and machinery are Montana's top exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Montana to the Caribbean nation of Barbados.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic linkages between Montana and Barbados, which can inform investment, policy, and economic development decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to monitor evolving trade patterns and identify growth opportunities.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and limitations in capturing all export activity, but this remains a useful indicator of state-level trade flows.
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Citation
U.S. Federal Reserve, Value of Exports to Barbados from Montana (MTBRBA052SCEN), retrieved from FRED.