Value of Exports to Ethiopia from Michigan
MIETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,709,038.00
Year-over-Year Change
235.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ethiopia from Michigan' series tracks the dollar value of merchandise exports from the U.S. state of Michigan to the East African country of Ethiopia. This metric provides insight into trade activity and economic ties 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
The 'Value of Exports to Ethiopia from Michigan' series is published by the U.S. Census Bureau and measures the total dollar value of physical goods and commodities exported from the state of Michigan to Ethiopia. It is a key indicator of the commercial relationship and trade flow between the two economies.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the Census Bureau.
Historical Context
This export data is used by policymakers, trade analysts, and businesses to assess Michigan's economic engagement with the Ethiopian market.
Key Facts
- Michigan is a major U.S. exporting state.
- Ethiopia is a rapidly growing East African economy.
- Exports to Ethiopia make up a small but growing share of Michigan's total exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of physical goods and commodities exported from the U.S. state of Michigan to the country of Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the commercial relationship and trade flows between Michigan's economy and the Ethiopian market, which is of interest to policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export series is used by government agencies, trade organizations, and businesses to assess Michigan's economic engagement and trade ties with the Ethiopian market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in reporting the most recent figures.
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Citation
U.S. Census Bureau, Value of Exports to Ethiopia from Michigan (MIETHA052SCEN), retrieved from FRED.