Number of Identified Exporters to Ethiopia from North Dakota
NDETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
33.33%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ethiopia from North Dakota' measures the count of businesses located in North Dakota that export goods to Ethiopia. This trend provides insights into the trade relationship between the two regions.
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 metric tracks the number of unique North Dakota-based exporters that ship goods to Ethiopia. It offers a view into the scale and activity of the North Dakota-Ethiopia trade corridor, which is relevant for evaluating the economic ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and trade documentation.
Historical Context
Policymakers and economists analyze this trend to understand North Dakota's export performance and the dynamics of its international trade relationships.
Key Facts
- North Dakota is a major agricultural exporter.
- Ethiopia is a growing market for North Dakota goods.
- The number of North Dakota exporters to Ethiopia has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in North Dakota that export goods to Ethiopia. It provides insight into the scale of North Dakota's trade relationship with Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding North Dakota's export performance and the dynamics of its international trade relationships, which is valuable information for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and trade documentation.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to evaluate the North Dakota-Ethiopia trade corridor and its importance to the state's economy.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and can be limited by the scope of businesses surveyed.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from North Dakota (NDETHA475SCEN), retrieved from FRED.