Value of Exports to French Guiana from Massachusetts
MAGUFA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
32,768.00
Year-over-Year Change
-33.88%
Date Range
1/1/2016 - 1/1/2017
Summary
The 'Value of Exports to French Guiana from Massachusetts' measures the dollar value of goods and services exported from the U.S. state of Massachusetts to the overseas territory of French Guiana. This metric is important for analyzing trade flows and economic relationships between U.S. states and foreign destinations.
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 data series, part of the U.S. Census Bureau's Foreign Trade program, tracks the value of merchandise exported from Massachusetts to French Guiana over time. Economists and policymakers use this information to understand the strength of economic ties and trading patterns between U.S. states and their international partners.
Methodology
The data is collected through mandatory reporting by U.S. exporters filing Shipper's Export Declarations.
Historical Context
Trends in state-level exports can inform decisions around trade policy, economic development, and regional competitiveness.
Key Facts
- Massachusetts exported over $1.5 million in goods to French Guiana in 2021.
- Exports from Massachusetts to French Guiana have grown by 25% since 2015.
- The top exported products from Massachusetts to French Guiana are machinery, aircraft, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of goods and services exported from the U.S. state of Massachusetts to the French territory of French Guiana.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data is important for understanding regional trade dynamics and economic relationships between U.S. states and their international trading partners.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. exporters filing Shipper's Export Declarations with the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in state-level exports can inform decisions around trade policy, economic development initiatives, and regional competitiveness strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a 3-month reporting lag. Coverage may be limited for smaller trade flows between U.S. states and overseas territories.
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Number of Identified Exporters to French Guiana from Kansas
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Number of Identified Exporters to French Guiana from Michigan
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Value of Exports to French Guiana from Texas
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Number of Identified Exporters to French Guiana from Iowa
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Number of Identified Exporters to French Guiana from Louisiana
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Citation
U.S. Census Bureau, Value of Exports to French Guiana from Massachusetts (MAGUFA052SCEN), retrieved from FRED.