Value of Exports to Philippines from Minnesota
MNPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
426,448,842.00
Year-over-Year Change
49.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Minnesota' measures the total value of goods and services exported from the U.S. state of Minnesota to the Philippines. This metric is important for understanding trade dynamics and regional economic activity.
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 dollar value of exports originating from Minnesota and destined for the Philippines market. It is used by policymakers, economists, and businesses to analyze trade patterns, supply chain logistics, and the competitiveness of Minnesota's export industries.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade records.
Historical Context
Trends in Minnesota's exports to the Philippines can provide insights into the state's economic performance and its integration with global markets.
Key Facts
- Minnesota is one of the top exporting states in the U.S.
- The Philippines is a major trading partner for many U.S. states.
- Export values can fluctuate due to changes in global demand, tariffs, and exchange rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Minnesota to the Philippines market.
Q: Why is this trend relevant for users or analysts?
A: Tracking Minnesota's export performance to the Philippines is important for understanding regional trade dynamics, economic competitiveness, and integration with global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade records.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses use this data to analyze trade patterns, supply chain logistics, and the competitiveness of Minnesota's export industries.
Q: Are there update delays or limitations?
A: There may be some delays in reporting due to the time required to collect and process international trade data.
Related Trends
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Philippines
DDDI12PHA156NWDB
Number of Identified Exporters to Philippines from District of Columbia
DCPHLA475SCEN
Value of Exports to Philippines from West Virginia
WVPHLA052SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Financial Intermediaries for Philippines
PHLFCBMNUM
Value of Exports to Philippines from North Dakota
NDPHLA052SCEN
Value of Exports to Philippines from Illinois
ILPHLA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Philippines from Minnesota (MNPHLA052SCEN), retrieved from FRED.