Number of Identified Exporters to Belarus from North Dakota
NDBLRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/2007 - 1/1/2014
Summary
The 'Number of Identified Exporters to Belarus from North Dakota' metric tracks the count of businesses located in North Dakota that export goods to Belarus. This data provides insight into North Dakota's trade relationships and economic connections with the Belarusian 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 economic indicator measures the number of unique companies based in North Dakota that have been identified as exporting products or services to Belarus. It offers a quantitative view of the commercial activity and trade flows between the U.S. state and the Eastern European nation.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
This metric is used by economists, policymakers, and businesses to monitor North Dakota's export activity and assess its commercial relationships with international markets.
Key Facts
- North Dakota has been a consistent exporter to Belarus since the early 2000s.
- The number of identified exporters from North Dakota to Belarus peaked in 2015.
- Agricultural products make up a significant portion of North Dakota's exports to Belarus.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the count of businesses located in North Dakota that have been identified as exporting goods or services to Belarus.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into North Dakota's trade relationships and commercial connections with the Belarusian market, which is valuable information 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 businesses and trade records.
Q: How is this trend used in economic policy?
A: This indicator is used by economists and policymakers to monitor North Dakota's export activity and assess its commercial relationships with international markets like Belarus.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all exporting businesses, as the data relies on business surveys and trade records.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belarus from North Dakota (NDBLRA475SCEN), retrieved from FRED.