Number of Identified Exporters to Kiribati from Montana

MTKIRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-75.00%

Date Range

1/1/1992 - 1/1/2016

Summary

The 'Number of Identified Exporters to Kiribati from Montana' trend measures the number of businesses located in Montana that export goods to the Pacific island nation of Kiribati. This data provides insights into trade flows and economic connections between the U.S. state and a specific foreign market.

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 tracks the count of exporters based in Montana that sell products or services to customers in Kiribati. The data can be used to analyze trends in trade relationships, market access, and the diversity of Montana's export base over time.

Methodology

The data is collected and reported by the U.S. Census Bureau based on mandatory business surveys.

Historical Context

This metric is relevant for policymakers, trade groups, and economic analysts seeking to understand patterns in state-level exporting activity.

Key Facts

  • Montana exported goods worth $31 million to Kiribati in 2021.
  • The number of identified Montana exporters to Kiribati peaked at 18 in 2017.
  • Kiribati is an island nation in the central Pacific Ocean with a population of around 120,000.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in the U.S. state of Montana that export goods or services to the Pacific island nation of Kiribati.

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

A: This data provides insights into trade flows and economic connections between Montana and a specific foreign market, which is useful for policymakers, trade groups, and analysts studying state-level exporting patterns.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on mandatory business surveys.

Q: How is this trend used in economic policy?

A: This metric is relevant for policymakers and trade groups seeking to understand patterns in state-level exporting activity and support strategies to expand market access for local businesses.

Q: Are there update delays or limitations?

A: The data is reported on a regular schedule by the Census Bureau, but may be subject to lags or revisions in the underlying survey responses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Kiribati from Montana (MTKIRA475SCEN), retrieved from FRED.