Value of Exports to Qatar from Michigan
MIQATA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,521,328.00
Year-over-Year Change
137.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Qatar from Michigan' tracks the dollar value of goods and services exported from the U.S. state of Michigan to the Middle Eastern country of Qatar. This metric is important for economists and policymakers to understand Michigan's trade relationships and economic connections with global markets.
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 series measures the total value of exports, including both goods and services, originating from the state of Michigan and delivered to Qatar. It provides insight into the trade flows and commercial activities between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers use this metric to assess Michigan's export performance and international competitiveness.
Key Facts
- Michigan exported $123 million worth of goods and services to Qatar in 2021.
- Exports to Qatar account for 0.5% of Michigan's total international exports.
- The top exported products from Michigan to Qatar are machinery, transportation equipment, and computer/electronic products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Michigan to the country of Qatar.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Michigan's trade relationships and economic connections with global markets, which is valuable information for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess Michigan's export performance and international competitiveness, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to typical delays in government statistical reporting, with a lag of several months between the reference period and public release.
Related Trends
Number of Identified Exporters to Qatar from Hawaii
HIQATA475SCEN
Remittance Inflows to GDP for Qatar
DDOI11QAA156NWDB
Number of Bank Accounts for Qatar
DDAI01QAA642NWDB
Value of Exports to Qatar from Mississippi
MSQATA052SCEN
Lerner Index in Banking Market for Qatar
DDOI04QAA066NWDB
Use of Financial Services Borrowers: Persons Borrowing from Other Financial Intermediaries for Qatar
QATFCRMPENUM
Citation
U.S. Federal Reserve, Value of Exports to Qatar from Michigan (MIQATA052SCEN), retrieved from FRED.