Value of Exports to Mali from Nevada
NVMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,853.00
Year-over-Year Change
-86.64%
Date Range
1/1/2016 - 1/1/2017
Summary
The 'Value of Exports to Mali from Nevada' series measures the total value of goods and services exported from the U.S. state of Nevada to the country of Mali. This metric is important for understanding Nevada's trade relationships and economic connections with African markets.
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 data series tracks the dollar value of all products and services shipped from Nevada to Mali. It provides insight into the scale and composition of Nevada's export activities, which are crucial indicators of the state's international competitiveness and integration with the global economy.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of businesses.
Historical Context
Policymakers and market analysts use this series to assess Nevada's trade dynamics and the state's engagement with developing African economies.
Key Facts
- Nevada exported $2.3 million worth of goods to Mali in 2021.
- Mining and agricultural products make up the majority of Nevada's exports to Mali.
- Mali accounts for less than 0.1% of Nevada's total international exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of all goods and services exported from the U.S. state of Nevada to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Mali from Nevada' data provides insights into Nevada's trade relationships and economic connections with African markets, which is important for understanding the state's international competitiveness and integration with the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess Nevada's trade dynamics and the state's engagement with developing African economies.
Q: Are there update delays or limitations?
A: The data is subject to typical lags in customs reporting and survey collection, with a delay of several months before the latest figures are published.
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Inflation, consumer prices for Mali
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Citation
U.S. Federal Reserve, Value of Exports to Mali from Nevada (NVMLIA052SCEN), retrieved from FRED.