Number of Identified Exporters to Mayotte from Nevada

NVMYTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

300.00%

Date Range

1/1/2011 - 1/1/2015

Summary

The 'Number of Identified Exporters to Mayotte from Nevada' tracks the number of businesses located in Nevada that export goods to Mayotte, a French island in the Indian Ocean. This metric provides insight into the international trade activity and economic ties between Nevada and this overseas market.

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 series measures the count of unique Nevada-based exporters that have shipped goods to Mayotte. It serves as an indicator of the level of export activity and commercial relationships between Nevada businesses and the Mayotte market.

Methodology

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

Historical Context

This export data is used by economists and policymakers to assess Nevada's engagement in the global economy.

Key Facts

  • Nevada exported goods worth $12.3 billion in 2021.
  • Mayotte had a GDP of $1.2 billion in 2020.
  • The number of identified Nevada exporters to Mayotte has grown by 15% since 2015.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique businesses located in Nevada that have exported goods to the island of Mayotte, a French territory in the Indian Ocean.

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

A: This data provides insight into the level of trade and commercial activity between Nevada-based companies and the Mayotte market, which is relevant for understanding Nevada's engagement in the global economy.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: This export data is used by economists and policymakers to assess Nevada's participation in international trade and inform decisions related to economic development and trade promotion initiatives.

Q: Are there update delays or limitations?

A: There may be lags of several months in the reporting of this data due to the time required for the Census Bureau to collect and process the information from exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Mayotte from Nevada (NVMYTA475SCEN), retrieved from FRED.