Number of Identified Exporters to Japan from North Dakota
NDJPNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39.00
Year-over-Year Change
-22.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of identified exporters from North Dakota to Japan. It provides insights into the trade dynamics between North Dakota and a key international 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
The Number of Identified Exporters to Japan from North Dakota is an economic indicator that tracks the count of unique business entities located in North Dakota that have reported exporting goods or services to Japan. This metric is used by economists and policymakers to assess the state's export activity and trade relationships.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business reporting.
Historical Context
This trend is relevant for understanding North Dakota's export performance and trade engagement with the Japanese market.
Key Facts
- North Dakota exported over $1 billion in goods to Japan in 2020.
- The state's top exports to Japan include agricultural products and machinery.
- Japan is North Dakota's 4th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business entities located in North Dakota that have reported exporting goods or services to Japan.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into North Dakota's trade engagement with the Japanese market, which is a key export destination for the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess North Dakota's export performance and inform trade and economic development strategies.
Q: Are there update delays or limitations?
A: There may be reporting lags or revisions in the underlying data collected by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Japan from North Dakota (NDJPNA475SCEN), retrieved from FRED.