Value of Exports to Netherlands from North Dakota
NDNLDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,274,458.00
Year-over-Year Change
99.36%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the value of exports from the U.S. state of North Dakota to the Netherlands. It provides insight into trade flows and the economic 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
The 'Value of Exports to Netherlands from North Dakota' series measures the total dollar value of goods and services exported from North Dakota to the Netherlands. This metric is used by economists and policymakers to analyze trade patterns, assess regional economic performance, and inform trade and economic development strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Historical Context
This export data is relevant for understanding North Dakota's participation in global trade and its economic connections with key trading partners.
Key Facts
- North Dakota exported over $1 billion worth of goods to the Netherlands in 2021.
- Agricultural products make up the majority of North Dakota's exports to the Netherlands.
- Exports to the Netherlands account for 5% of North Dakota's total international trade.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of goods and services exported from the U.S. state of North Dakota to the Netherlands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into North Dakota's trade relationships and economic connections with the Netherlands, a key international trading partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export data to analyze trade patterns, assess regional economic performance, and inform trade and economic development strategies.
Q: Are there update delays or limitations?
A: There may be lags of several months before the latest export data is published and made available.
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Citation
U.S. Federal Reserve, Value of Exports to Netherlands from North Dakota (NDNLDA052SCEN), retrieved from FRED.