Number of Identified Exporters to France from Minnesota
MNFRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
521.00
Year-over-Year Change
2.76%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to France from Minnesota' measures the total count of businesses based in Minnesota that export goods to France. This metric is valuable for analyzing Minnesota's trade relationships and economic integration with the French market.
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 number of unique Minnesota-based companies that have been identified as exporting products or services to France. It provides insight into the depth and breadth of commercial ties between Minnesota and the French economy.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business surveys and export declarations.
Historical Context
Policymakers and trade analysts use this metric to assess Minnesota's export competitiveness and the health of its commercial relationships with key international markets.
Key Facts
- Minnesota is a top exporting state, generating over $23 billion in annual merchandise exports.
- France is Minnesota's 6th largest export destination, receiving $1.2 billion worth of goods in 2021.
- The number of identified Minnesota exporters to France has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of unique businesses based in Minnesota that have been identified as exporting goods or services to France.
Q: Why is this trend relevant for users or analysts?
A: This metric provides valuable insights into the depth and breadth of Minnesota's commercial relationships with the French market, which is a key trading partner for the state.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business surveys and export declaration filings.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to assess Minnesota's export competitiveness and the health of its commercial relationships with important international markets like France.
Q: Are there update delays or limitations?
A: The data is subject to a several month reporting lag, but provides a comprehensive and reliable view of Minnesota's exporter activity with France.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to France from Minnesota (MNFRAA475SCEN), retrieved from FRED.