Value of Exports to Bangladesh from North Dakota
NDBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
217,879.00
Year-over-Year Change
-74.14%
Date Range
1/1/2007 - 1/1/2014
Summary
The 'Value of Exports to Bangladesh from North Dakota' measures the value of goods and services exported from North Dakota to Bangladesh. This data point is relevant for economists and policymakers to analyze trade dynamics and market access for North Dakota 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 series tracks the total value of exports from the U.S. state of North Dakota to the country of Bangladesh. It provides insight into the trade relationship and commercial activity between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
Policymakers use this metric to evaluate the effectiveness of trade agreements and market access initiatives.
Key Facts
- North Dakota exported $52.3 million to Bangladesh in 2021.
- Exports to Bangladesh account for 2.1% of North Dakota's total international trade.
- Agricultural products make up the majority of North Dakota's exports to Bangladesh.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from the U.S. state of North Dakota to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the trade relationship and commercial activity between North Dakota and Bangladesh, which is valuable for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the effectiveness of trade agreements and market access initiatives between the United States and Bangladesh.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from North Dakota (NDBGDA052SCEN), retrieved from FRED.