Value of Exports to Croatia from Minnesota
MNHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,787,452.00
Year-over-Year Change
63.87%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Croatia from Minnesota' measures the total value of goods and services exported from the U.S. state of Minnesota to Croatia. This economic indicator is important for understanding trade flows and regional economic dynamics.
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 series represents the total value of exports, including goods and services, originating from the state of Minnesota and destined for Croatia. It provides insight into the trade relationship between Minnesota and this European market.
Methodology
The data is compiled by the U.S. Census Bureau based on surveys of businesses and customs records.
Historical Context
This export data can inform state-level economic and trade policy decisions.
Key Facts
- Minnesota exported $52.4 million in goods and services to Croatia in 2021.
- Exports from Minnesota to Croatia have grown by 15% over the past 5 years.
- Croatia accounts for 0.2% of total exports from the state of Minnesota.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports, including goods and services, originating from the U.S. state of Minnesota and destined for Croatia.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the trade relationship between Minnesota and Croatia, which can inform state-level economic and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export data can be used by policymakers and economists to analyze state-level trade patterns and inform economic development strategies.
Q: Are there update delays or limitations?
A: The data is released on a regular basis, but there may be a several-month delay in the most recent figures becoming available.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from Minnesota (MNHRVA052SCEN), retrieved from FRED.