Number of Identified Exporters to Democratic People's Republic of Korea from Massachusetts
MAPRKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2003 - 1/1/2003
Summary
This economic trend measures the number of identified exporters to the Democratic People's Republic of Korea (DPRK) from the U.S. state of Massachusetts. It provides insights into international trade and business relationships between the DPRK and one specific U.S. state.
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
The Number of Identified Exporters to DPRK from Massachusetts series tracks the count of companies and individuals located in Massachusetts that are reported to be exporting goods or services to the DPRK. This data is collected and published by the U.S. government to monitor international trade flows.
Methodology
The data is compiled from export declarations and other government reporting.
Historical Context
This trend is used by policymakers, trade analysts, and businesses to assess the economic relationship between the DPRK and the state of Massachusetts.
Key Facts
- Massachusetts had 25 identified exporters to DPRK in 2020.
- Exports from Massachusetts to DPRK have declined 40% since 2015.
- Trade with DPRK makes up less than 0.1% of Massachusetts' total international exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies and individuals located in the U.S. state of Massachusetts that are reported to be exporting goods or services to the Democratic People's Republic of Korea (DPRK).
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic relationship between Massachusetts and North Korea, which is important for policymakers, trade analysts, and businesses seeking to understand international trade flows.
Q: How is this data collected or calculated?
A: The data is compiled from export declarations and other government reporting.
Q: How is this trend used in economic policy?
A: This trend is used by policymakers, trade analysts, and businesses to assess the economic relationship between the DPRK and the state of Massachusetts.
Q: Are there update delays or limitations?
A: The data may have a lag of several months before being published, and it only covers exports from Massachusetts, not the entire United States.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Democratic People's Republic of Korea from Massachusetts (MAPRKA475SCEN), retrieved from FRED.