Number of Identified Exporters to Chile from Montana
MTCHLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
27.00
Year-over-Year Change
145.45%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Chile from Montana' tracks the count of businesses based in Montana that export goods to Chile. This metric provides insight into trade flows and economic activity between the state and the South American country.
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 number of unique Montana-based companies that export products to Chile in a given time period. The data is collected and reported by the U.S. Census Bureau and used by economists and policymakers to analyze trade patterns and the export performance of local businesses.
Methodology
The data is collected through mandatory exporter surveys and customs documentation.
Historical Context
This trend is relevant for understanding Montana's export economy and trade relationship with Chile.
Key Facts
- Montana exported $59 million in goods to Chile in 2021.
- The number of Montana exporters to Chile has grown by 12% over the past 5 years.
- Agriculture products make up 35% of Montana's exports to Chile.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of businesses based in Montana that export goods to Chile. It provides insight into trade flows and economic activity between the state and the South American country.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Montana's export economy and its trade relationship with Chile. It is used by economists and policymakers to analyze patterns and performance in the state's international trade.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys and customs documentation by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by government agencies, trade organizations, and economists to monitor and inform policies related to international trade, state economic development, and export promotion.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may have a 1-2 month lag in reporting.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Chile from Montana (MTCHLA475SCEN), retrieved from FRED.