Value of Exports to Bangladesh from Michigan
MIBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,439,881.00
Year-over-Year Change
487.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Michigan' metric tracks the total value of goods and services exported from the U.S. state of Michigan to Bangladesh. This data provides insights into the trade relationship between Michigan and Bangladesh.
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 dollar value of all products and services exported from the state of Michigan to the country of Bangladesh. It is a key indicator of the economic ties and commercial activity between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data can inform policymakers and business leaders about Michigan's global trade patterns and competitiveness.
Key Facts
- Michigan is a major exporting state in the U.S.
- Bangladesh is an emerging market with growing demand for U.S. goods.
- Export data helps identify key trade partners and industries for Michigan.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Michigan to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Michigan and Bangladesh, which can inform economic policy and business strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export data can inform policymakers and business leaders about Michigan's global trade patterns and competitiveness.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau.
Related Trends
Use of Financial Services Deposit Accounts: Accounts at Insurance Corporations for Bangladesh
BGDFCAOFINUM
Geographical Outreach: Number of Commercial Banks for Bangladesh
BGDFCIODCNUM
Use of Financial Services, Assets: Outstanding Loans to Households at Deposit Taking Microfinance Institutions (MFIs) for Bangladesh
BGDFCSODMFHXDC
Number of Identified Exporters to Bangladesh from Alaska
AKBGDA475SCEN
Use of Financial Services: Number of Deposit Accounts at Other Other Financial Intermediaries for Bangladesh
BGDFCAOFMONUM
Use of Financial Services: Key Indicators, Loan Accounts with Credit Unions and Financial Cooperatives Per 1,000 Adults for Bangladesh
BGDFCNODUANUM
Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Michigan (MIBGDA052SCEN), retrieved from FRED.