Value of Exports to Mali from Wisconsin

WIMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,037,600.00

Year-over-Year Change

2483.09%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Mali from Wisconsin' trend measures the dollar value of goods and services exported from the U.S. state of Wisconsin to the West African nation of Mali. This metric is important for understanding trade dynamics and economic ties between regional 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 series tracks the monetary value of all products and services shipped from Wisconsin businesses to customers and end-users in Mali. The data provides insights into the scale and composition of Wisconsin's export economy and its engagement with international markets.

Methodology

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

Historical Context

Policymakers and economists use this trend to assess Wisconsin's export performance and the health of its trade relationships.

Key Facts

  • Wisconsin exported $12.4 million in goods to Mali in 2021.
  • Machinery and equipment make up over 60% of Wisconsin's exports to Mali.
  • Mali is Wisconsin's 47th-largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and services exported from the U.S. state of Wisconsin to the country of Mali.

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

A: This metric provides insights into the trade dynamics and economic ties between Wisconsin and Mali, which is useful for policymakers, businesses, and economists analyzing regional and international markets.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to assess Wisconsin's export performance and the health of its trade relationships with international markets like Mali.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the metric does not capture all economic activity, such as services trade or informal exports.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Mali from Wisconsin (WIMLIA052SCEN), retrieved from FRED.