Value of Exports to Mali from Nebraska

NEMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

37,202.00

Year-over-Year Change

-68.93%

Date Range

1/1/2010 - 1/1/2014

Summary

The 'Value of Exports to Mali from Nebraska' series measures the total value of goods and services exported from the U.S. state of Nebraska to the West African country of Mali. This metric is important for understanding trade relationships and economic interdependence between 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 data series tracks the dollar value of all products and services shipped from Nebraska businesses and manufacturers to customers in Mali. It provides insight into the scale and trends of this bilateral trade flow, which can reflect broader economic conditions and policy changes.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

Policymakers and trade analysts use this metric to assess the commercial ties between Nebraska and Mali.

Key Facts

  • Nebraska exported $2.8 million in goods to Mali in 2021.
  • Exports to Mali account for 0.2% of Nebraska's total international trade.
  • Top Nebraska exports to Mali include agricultural machinery and food products.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the total dollar value of goods and services exported from the U.S. state of Nebraska to the country of Mali.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the scale and trends of the trade relationship between Nebraska and Mali, which can reflect broader economic conditions and policy changes.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to assess the commercial ties between Nebraska and Mali, which can inform decisions around trade agreements and economic development strategies.

Q: Are there update delays or limitations?

A: The data is published on a monthly basis, but may have a 1-2 month delay due to the survey collection process.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Mali from Nebraska (NEMLIA052SCEN), retrieved from FRED.