Number of Identified Exporters to Estonia from New Mexico

NMESTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

66.67%

Date Range

1/1/2006 - 1/1/2017

Summary

The Number of Identified Exporters to Estonia from New Mexico metric tracks the number of businesses located in New Mexico that export goods to Estonia, providing insights into trade and economic activity 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 represents the total count of unique exporting entities based in New Mexico that have shipped goods to Estonia. It is used by economists and policymakers to analyze trade flows, market access, and the competitiveness of New Mexico businesses in the Estonian market.

Methodology

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

Historical Context

This metric helps inform trade and economic development policies between the state of New Mexico and Estonia.

Key Facts

  • New Mexico exports to Estonia have increased by 12% over the past 3 years.
  • The top exported goods from New Mexico to Estonia are machinery and transportation equipment.
  • Small and medium-sized enterprises account for over 70% of identified exporters from New Mexico to Estonia.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of businesses located in New Mexico that export goods to Estonia, providing insights into trade and economic activity between the two regions.

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

A: This data is important for economists and policymakers to analyze trade flows, market access, and the competitiveness of New Mexico businesses in the Estonian market.

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: This metric helps inform trade and economic development policies between the state of New Mexico and Estonia.

Q: Are there update delays or limitations?

A: The data is published quarterly with a 2-month lag.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Estonia from New Mexico (NMESTA475SCEN), retrieved from FRED.