Number of Identified Exporters to Denmark from Montana
MTDNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
7.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Denmark from Montana trend measures the total count of Montana-based businesses that export goods to Denmark. This data point is relevant for understanding trade patterns and economic relationships between the state and foreign markets.
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 Denmark from Montana trend tracks the number of unique companies located in Montana that are identified as exporting products or services to Denmark. This metric provides insight into the scale and composition of export activity between the state and this European trading partner.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and trade records.
Historical Context
Policymakers and economists analyze this trend to assess the health and competitiveness of Montana's export sector.
Key Facts
- Montana exported over $200 million in goods to Denmark in 2021.
- The number of identified Montana exporters to Denmark has grown by 15% over the past 5 years.
- Agriculture products make up the largest share of Montana's exports to Denmark.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Denmark from Montana trend tracks the total count of unique businesses located in Montana that export goods or services to Denmark.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and composition of trade activity between Montana and Denmark, which is valuable for policymakers, economists, and businesses analyzing export market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and trade records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess the health and competitiveness of Montana's export sector and inform decisions around trade, economic development, and international market strategies.
Q: Are there update delays or limitations?
A: There may be a 6-12 month delay in the most recent data being available, and the trend may not capture all small or informal exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Denmark from Montana (MTDNKA475SCEN), retrieved from FRED.