Value of Exports to Portugal from Montana
MTPRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,568,715.00
Year-over-Year Change
109.54%
Date Range
1/1/2016 - 1/1/2017
Summary
The 'Value of Exports to Portugal from Montana' metric tracks the total dollar value of goods and services exported from the state of Montana to Portugal over time. This data point is relevant for economists and policymakers analyzing trade flows and economic interdependence.
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 monetary value of all products and services shipped from businesses in Montana to customers and buyers in Portugal. It provides insight into the scale and trends of Montana's export economy, a key component of the state's overall economic performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this metric to assess Montana's trade relationship with Portugal and the broader impacts on the state's economy.
Key Facts
- Montana exported over $25 million in goods and services to Portugal in 2021.
- Exports to Portugal account for approximately 1% of Montana's total international trade.
- The top exported products from Montana to Portugal are agricultural commodities and manufactured goods.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of goods and services exported from the state of Montana to customers and buyers in Portugal.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and trends of Montana's export economy, which is a key component of the state's overall economic performance and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess Montana's trade relationship with Portugal and the broader impacts on the state's economy.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Portugal from Montana (MTPRTA052SCEN), retrieved from FRED.