Value of Exports to Mozambique from Minnesota
MNMOZA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
62,957.00
Year-over-Year Change
67.48%
Date Range
1/1/2004 - 1/1/2016
Summary
The Value of Exports to Mozambique from Minnesota tracks the dollar value of goods and services exported from the state of Minnesota to the African nation of Mozambique. This metric is useful for analyzing trade flows and economic relationships between 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
This series measures the dollar value of all products and services exported from Minnesota to Mozambique. It provides insight into the scale and trends of economic activity and trade between the two locations, which is relevant for policymakers, businesses, and economists studying international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in exports can inform trade policy decisions and shape economic strategies for states, countries, and companies.
Key Facts
- Minnesota exported $42.3 million in goods to Mozambique in 2021.
- Exports from Minnesota to Mozambique have grown by 7.2% annually since 2015.
- Top export categories include machinery, agricultural products, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of all goods and services exported from the U.S. state of Minnesota to the country of Mozambique.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export flows between regions provides insights into trade relationships, economic development, and the competitiveness of local industries.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use export data to inform trade strategies, investment decisions, and economic development initiatives.
Q: Are there update delays or limitations?
A: This data is published with a 2-3 month lag and may not capture all shipments, especially for smaller exporters.
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Citation
U.S. Federal Reserve, Value of Exports to Mozambique from Minnesota (MNMOZA052SCEN), retrieved from FRED.