Value of Exports to Jamaica from Minnesota
MNJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,501,511.00
Year-over-Year Change
46.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Jamaica from Minnesota' measures the total value of goods exported from Minnesota to Jamaica. This economic indicator provides insights into Minnesota's trade relationship with Jamaica.
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 tracks the dollar value of physical goods shipped from Minnesota to Jamaica. It is an important measure of Minnesota's export performance and economic ties with Jamaica. Economists and policymakers use this data to analyze trade flows and assess Minnesota's export competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Minnesota exporters.
Historical Context
This series is relevant for understanding Minnesota's trade balance and economic integration with the Jamaican market.
Key Facts
- Minnesota exported $72 million in goods to Jamaica in 2021.
- Exports to Jamaica account for 1.2% of Minnesota's total exports.
- The top export categories are machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical goods exported from the state of Minnesota to Jamaica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Minnesota's trade relationship with Jamaica, which is important for understanding the state's export performance and economic integration with the Jamaican market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Minnesota exporters.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to analyze trade flows and assess Minnesota's export competitiveness, which can inform decisions about trade agreements, export promotion programs, and other economic policies.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the release of this data due to the time required for data collection and processing by the Census Bureau.
Related Trends
Number of Identified Exporters to Jamaica from Alaska
AKJAMA475SCEN
Credit to Government and State-Owned Enterprises to GDP for Jamaica
DDEI08JMA156NWDB
Value of Exports to Jamaica from Ohio
OHJAMA052SCEN
Number of Identified Exporters to Jamaica from Alabama
ALJAMA475SCEN
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Jamaica
JAMFCBODULNUM
Gross Portfolio Equity Assets to GDP for Jamaica
DDDM09JMA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Jamaica from Minnesota (MNJAMA052SCEN), retrieved from FRED.