Value of Exports to Netherlands from Minnesota
MNNLDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
485,901,132.00
Year-over-Year Change
-14.58%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Netherlands from Minnesota' trend measures the dollar value of goods exported from the state of Minnesota to the Netherlands. This data provides insights into Minnesota's trade relationship with a key European trading partner.
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 economic indicator tracks the total value of merchandise exports from Minnesota to the Netherlands. The data is useful for economists and policymakers to analyze Minnesota's export industry and its trade flows with the Netherlands, a major destination for the state's products.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Monitoring this export trend can inform decisions around trade policy, economic development, and international business strategies.
Key Facts
- Minnesota exported over $600 million in goods to the Netherlands in 2021.
- Top Minnesota exports to the Netherlands include machinery, vehicles, and agricultural products.
- The Netherlands is Minnesota's 7th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of merchandise exports from the state of Minnesota to the Netherlands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Minnesota's international trade flows and its economic relationship with a key European trading partner, the Netherlands.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Monitoring this export trend can inform decisions around trade policy, economic development, and international business strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Netherlands from Minnesota (MNNLDA052SCEN), retrieved from FRED.