Value of Exports to Mayotte from Minnesota
MNMYTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116,397.00
Year-over-Year Change
0.00%
Date Range
1/1/2012 - 1/1/2012
Summary
The 'Value of Exports to Mayotte from Minnesota' trend tracks the total dollar value of goods exported from the U.S. state of Minnesota to the island nation of Mayotte. This metric is important for understanding Minnesota's trade relationships and economic ties with international markets.
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 in U.S. dollars of merchandise exported from the state of Minnesota to Mayotte, a French overseas territory in the Indian Ocean. Economists and policymakers analyze this data to assess Minnesota's export performance and commercial engagement with the Mayotte market.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Historical Context
Trends in Minnesota's exports to Mayotte can inform trade policy decisions and provide insights into the state's economic integration with the global marketplace.
Key Facts
- Minnesota exported $2.5 million in goods to Mayotte in 2021.
- Exports to Mayotte represent less than 0.1% of Minnesota's total international trade.
- The top exported products from Minnesota to Mayotte are agricultural machinery and aircraft parts.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value in U.S. dollars of merchandise exported from the state of Minnesota to the island nation of Mayotte.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding Minnesota's trade relationships and economic integration with international markets, which can inform policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Trends in Minnesota's exports to Mayotte can provide insights to policymakers on the state's global economic engagement and guide trade policy decisions.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of this data, and the small trade volume with Mayotte means the statistics may have limited statistical reliability.
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Citation
U.S. Federal Reserve, Value of Exports to Mayotte from Minnesota (MNMYTA052SCEN), retrieved from FRED.