Value of Exports to Morocco from North Dakota
NDMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,695,734.00
Year-over-Year Change
30.73%
Date Range
1/1/2006 - 1/1/2017
Summary
The 'Value of Exports to Morocco from North Dakota' metric tracks the dollar value of goods and services exported from North Dakota to Morocco. This measure provides insight into the economic relationship and trade flows 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 economic series represents the total value of exports, including goods and services, originating from the state of North Dakota and destined for the country of Morocco. It is an important indicator of the trade and commercial activity between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other economic entities.
Historical Context
Policymakers and market analysts use this metric to assess North Dakota's export performance and the strength of its trade ties with Morocco.
Key Facts
- North Dakota is a major agricultural exporter.
- Morocco is an important trading partner for North Dakota.
- Exports to Morocco account for a small but growing share of North Dakota's total exports.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the state of North Dakota to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship and commercial activity between North Dakota and Morocco, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other economic entities.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to assess North Dakota's export performance and the strength of its trade ties with Morocco, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting due to the survey-based methodology, and the metric may not capture all export activity, especially for smaller businesses.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from North Dakota (NDMARA052SCEN), retrieved from FRED.