Value of Exports to Rwanda from Minnesota
MNRWAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
53,048.00
Year-over-Year Change
-54.48%
Date Range
1/1/2008 - 1/1/2016
Summary
The 'Value of Exports to Rwanda from Minnesota' metric tracks the total dollar value of goods and services exported from the U.S. state of Minnesota to the country of Rwanda. This economic indicator provides insights into Minnesota's trade relationships and economic ties with African 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 dollar value of all exported products and services originating from the state of Minnesota and sold to consumers, businesses, or governments in Rwanda. It is an important metric for understanding Minnesota's export activity and commercial engagement with East African trading partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend is closely monitored by policymakers, trade associations, and economic analysts to assess Minnesota's global competitiveness and the state's integration with fast-growing African markets.
Key Facts
- Minnesota is a major U.S. exporting state, ranking 17th nationally by total export value.
- Rwanda has seen rapid economic growth in recent decades, creating new trade opportunities for U.S. states.
- Exports from Minnesota to Rwanda have more than doubled over the past 10 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Minnesota to the country of Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This export value data provides insights into Minnesota's trade relationships and economic ties with fast-growing African markets like Rwanda, which is important for understanding the state's global competitiveness.
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: This export value trend is closely monitored by policymakers, trade associations, and economic analysts to assess Minnesota's global competitiveness and the state's integration with African markets.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a several month delay in reporting the most recent figures.
Related Trends
Bank Regulatory Capital to Risk-Weighted Assets for Rwanda
DDSI05RWA156NWDB
Use of Financial Services: Key Indicators, Borrowers from Credit Unions and Financial Cooperatives Per 1000 Adults for Rwanda
RWAFCRODUANUM
Use of Financial Services Borrowers: Persons Borrowing from Commercial Banks for Rwanda
RWAFCRODCPENUM
Value of Exports to Rwanda from Colorado
CORWAA052SCEN
Use of Financial Services Deposit Accounts: Accounts at Other Depository Corporations for Rwanda
RWAFCAODNUM
Boone Indicator in Banking Market for Rwanda
DDOI05RWA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Rwanda from Minnesota (MNRWAA052SCEN), retrieved from FRED.