Value of Exports to Morocco from New Mexico
NMMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
493,170.00
Year-over-Year Change
3490.87%
Date Range
1/1/2003 - 1/1/2016
Summary
The 'Value of Exports to Morocco from New Mexico' series measures the dollar value of merchandise exports from the U.S. state of New Mexico to the country of Morocco. This metric is important for understanding regional trade flows and economic ties 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 data series, published by the U.S. Census Bureau, tracks the total value of physical goods and commodities exported from the state of New Mexico to Morocco on a monthly basis. It provides insight into the commercial relationship and trade balance between the two regions.
Methodology
The data is collected through surveys of U.S. exporters and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess the health of bilateral economic cooperation.
Key Facts
- New Mexico exported over $25 million in goods to Morocco in 2021.
- Morocco is one of New Mexico's top 20 export destinations.
- Exports to Morocco account for about 1% of total New Mexico exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of merchandise exports from the U.S. state of New Mexico to the country of Morocco on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade balance between New Mexico and Morocco, which is relevant for policymakers and trade analysts assessing regional economic cooperation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of bilateral economic cooperation between New Mexico and Morocco.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all trade activity due to limitations in reporting.
Related Trends
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DDOI12MAA156NWDB
Bank Concentration for Morocco
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Number of Identified Exporters to Morocco from Ohio
OHMARA475SCEN
Bank Deposits to GDP for Morocco
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Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Morocco
MARFCLODCHXDC
Provisions to Non-Performing Loans for Morocco
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Citation
U.S. Census Bureau, Value of Exports to Morocco from New Mexico (NMMARA052SCEN), retrieved from FRED.