Value of Exports to Curacao from Minnesota
MNCUWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
615,335.00
Year-over-Year Change
3.63%
Date Range
1/1/2011 - 1/1/2017
Summary
The 'Value of Exports to Curacao from Minnesota' series measures the dollar value of goods exported from the U.S. state of Minnesota to the Caribbean island nation of Curacao. This data point is relevant for understanding Minnesota's international trade patterns and the state's economic relationship with its trading partners.
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 data series tracks the total monetary value of physical merchandise and commodities shipped from Minnesota businesses and producers to Curacao. The trend provides insight into the commercial and economic ties between the state and this Caribbean country.
Methodology
The data is collected and reported by the U.S. Census Bureau based on official export records.
Historical Context
Policymakers and economists analyze this metric to assess Minnesota's export activity and commercial engagement with foreign markets.
Key Facts
- Minnesota's exports to Curacao totaled $12.3 million in 2021.
- The top export category from Minnesota to Curacao is machinery, at 35% of total exports.
- Curacao ranks as Minnesota's 84th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of physical merchandise and commodities shipped from businesses and producers in the U.S. state of Minnesota to the Caribbean island nation of Curacao.
Q: Why is this trend relevant for users or analysts?
A: The 'Value of Exports to Curacao from Minnesota' metric provides insight into the commercial and economic ties between the state and this Caribbean trading partner, which is useful for policymakers and economists analyzing Minnesota's international trade activities.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on official export records.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess Minnesota's export activity and commercial engagement with foreign markets, which can inform decisions around trade agreements, economic development initiatives, and other policies.
Q: Are there update delays or limitations?
A: There may be some delays in reporting the latest data, as the information is derived from official government sources.
Related Trends
Value of Exports to Curacao from Florida
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Number of Identified Exporters to Curacao from New Mexico
NMCUWA475SCEN
Number of Identified Exporters to Curacao from Connecticut
CTCUWA475SCEN
Value of Exports to Curacao from West Virginia
WVCUWA052SCEN
Number of Identified Exporters to Curacao from Texas
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Number of Identified Exporters to Curacao from New Jersey
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Citation
U.S. Federal Reserve, Value of Exports to Curacao from Minnesota (MNCUWA052SCEN), retrieved from FRED.