Value of Exports to Nigeria from Montana
MTNGAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
332,224.00
Year-over-Year Change
76.92%
Date Range
1/1/2009 - 1/1/2015
Summary
The 'Value of Exports to Nigeria from Montana' metric tracks the dollar value of goods and services exported from the U.S. state of Montana to the country of Nigeria. This economic indicator provides insights into trade flows and the importance of the Nigeria export market for Montana businesses.
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 data series measures the total value of exports originating from the state of Montana destined for Nigeria. It is used by economists, policymakers, and businesses to understand Montana's trade relationship with Nigeria and how it evolves over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric helps inform trade and economic development policies between the U.S. and Nigeria.
Key Facts
- Montana exported $XX.XX million to Nigeria in the latest year.
- Nigeria ranks Xth among export destinations for Montana-based companies.
- Exports to Nigeria account for X% of total exports from the state of Montana.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods and services exported from the U.S. state of Montana to the country of Nigeria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Montana and Nigeria, helping to inform economic development and trade policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This metric helps policymakers and economists understand the importance of the Nigeria export market for Montana businesses and the state economy.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the most recent data being available, and the data does not capture all informal or unrecorded trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Nigeria from Montana (MTNGAA052SCEN), retrieved from FRED.