Value of Exports to Djibouti from Michigan
MIDJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
649,634.00
Year-over-Year Change
193.51%
Date Range
1/1/2006 - 1/1/2017
Summary
The 'Value of Exports to Djibouti from Michigan' series measures the total value of goods and services exported from the U.S. state of Michigan to the country of Djibouti. This data provides insights into the commercial trade relationship between the two regions.
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 economic indicator tracks the dollar value of all products and services exported from Michigan to Djibouti, including manufacturing, agricultural, and other goods. It is used by economists and policymakers to analyze trade flows, commercial ties, and the overall economic relationship between the two locations.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export data is relevant for assessing Michigan's trade position, as well as the broader commercial dynamics between the United States and Djibouti.
Key Facts
- Michigan is a major U.S. exporting state.
- Djibouti is a strategic trading partner for the U.S.
- Export values can fluctuate due to economic conditions.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of goods and services exported from the U.S. state of Michigan to the country of Djibouti.
Q: Why is this trend relevant for users or analysts?
A: The export data provides insights into the commercial relationship between Michigan and Djibouti, which is useful for economists, policymakers, and businesses analyzing trade flows and economic ties.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This export data is relevant for assessing Michigan's trade position and the broader commercial dynamics between the United States and Djibouti.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the reporting agencies.
Related Trends
Private Credit by Deposit Money Banks to GDP for Djibouti
DDDI01DJA156NWDB
Total Revenue, Excluding Grants, for General Government for Djibouti
DJIGGRXGGDPGDPPT
Remittance Inflows to GDP for Djibouti
DDOI11DJA156NWDB
Use of Financial Services: Number of Deposit Accounts at Deposit Taking Microfinance Institutions (MFIs) for Djibouti
DJIFCAODMFNUM
Number of Identified Exporters to Djibouti from Illinois
ILDJIA475SCEN
Gross Domestic Product in Constant Prices for Djibouti
DJINGDPRPCHPT
Citation
U.S. Federal Reserve, Value of Exports to Djibouti from Michigan (MIDJIA052SCEN), retrieved from FRED.