Value of Exports to Mali from Texas
TXMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,866,834.00
Year-over-Year Change
89.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Mali from Texas' measures the dollar value of goods and services exported from the state of Texas to the country of Mali. This metric is important for economists and policymakers to understand regional trade dynamics and the impact of economic policy on cross-border commerce.
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 represents the total value of merchandise and services exported from the state of Texas to Mali, a country in West Africa. It provides insight into the commercial relationship between the two economies and can be used to assess the effects of factors like trade agreements, exchange rates, and regional development on bilateral trade flows.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Tracking state-level export trends helps inform decisions around economic development, international trade policy, and the competitiveness of regional industries.
Key Facts
- Texas was the 2nd largest exporting state in the U.S. in 2021.
- Mali is a landlocked country in West Africa with a population of 20 million.
- The U.S. is Mali's 3rd largest import partner after China and Côte d'Ivoire.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Mali from Texas' measures the total dollar value of goods and services exported from the state of Texas to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between the Texas and Malian economies, which is useful for assessing the impacts of trade policy, exchange rates, and regional economic developments.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Tracking state-level export trends like this one helps inform decisions around economic development, international trade policy, and the competitiveness of regional industries.
Q: Are there update delays or limitations?
A: There may be some time lags in reporting the latest data, and the series does not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Mali from Texas (TXMLIA052SCEN), retrieved from FRED.