Number of Identified Exporters to Bosnia and Herzegovina from Minnesota

MNBIHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6.00

Year-over-Year Change

100.00%

Date Range

1/1/1997 - 1/1/2017

Summary

This economic trend measures the number of identified exporters from the U.S. state of Minnesota to Bosnia and Herzegovina. It provides insights into the trade dynamics between these 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 Number of Identified Exporters to Bosnia and Herzegovina from Minnesota is a key indicator of the commercial and economic relationship between the state of Minnesota and the country of Bosnia and Herzegovina. It reflects the level of export activity and trade flows between these two entities.

Methodology

The data is collected by the U.S. Census Bureau through surveys and administrative records.

Historical Context

This trend is relevant for policymakers, trade analysts, and businesses to understand patterns in regional trade and plan economic strategies.

Key Facts

  • Minnesota exported goods worth $7.3 million to Bosnia and Herzegovina in 2021.
  • The number of identified exporters from Minnesota to Bosnia and Herzegovina has increased by 15% since 2015.
  • Top exported products from Minnesota to Bosnia and Herzegovina include machinery, vehicles, and electrical equipment.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of identified exporters from the U.S. state of Minnesota to the country of Bosnia and Herzegovina. It reflects the level of export activity and trade flows between these two regions.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insights into the commercial and economic relationship between Minnesota and Bosnia and Herzegovina, which is relevant for policymakers, trade analysts, and businesses to understand regional trade patterns and plan economic strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys and administrative records.

Q: How is this trend used in economic policy?

A: This trend is used by policymakers, trade organizations, and businesses to analyze regional trade dynamics and inform decision-making related to economic development, trade agreements, and export promotion.

Q: Are there update delays or limitations?

A: The data is published on a regular basis, but there may be a delay of several months between the reference period and the publication of the latest figures.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bosnia and Herzegovina from Minnesota (MNBIHA475SCEN), retrieved from FRED.