Value of Exports to Bulgaria from Massachusetts
MABGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,485,027.00
Year-over-Year Change
239.41%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Bulgaria from Massachusetts measures the total value of goods and services exported from Massachusetts to Bulgaria. This metric is important for economists and policymakers to understand trade dynamics and regional economic activity.
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 exports from the state of Massachusetts to the country of Bulgaria. It is used to analyze trends in international trade and the economic relationship between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this data to inform decisions around international commerce and economic development.
Key Facts
- Massachusetts exported over $50 million in goods to Bulgaria in 2021.
- Exports from Massachusetts to Bulgaria have grown by 25% over the past 5 years.
- Top export categories include machinery, chemicals, and computer/electronic products.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from the state of Massachusetts to the country of Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding trade dynamics, regional economic activity, and the economic relationship between Massachusetts and Bulgaria.
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: Policymakers and trade analysts use this data to inform decisions around international commerce and economic development.
Q: Are there update delays or limitations?
A: There can be a 1-2 month delay in reporting this data, and the state-level geographic detail may not fully capture all trade flows.
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Citation
U.S. Federal Reserve, Value of Exports to Bulgaria from Massachusetts (MABGRA052SCEN), retrieved from FRED.