Value of Exports to El Salvador from Minnesota
MNSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,940,928.00
Year-over-Year Change
108.79%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to El Salvador from Minnesota' measures the dollar value of goods and services shipped from Minnesota to the Central American country of El Salvador. This metric is important for understanding regional trade patterns and economic relationships.
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 tracks the total value of merchandise and services exported from the U.S. state of Minnesota to El Salvador. It provides insight into the commercial ties and trade flows between the two economies, which is relevant for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Trends in state-level exports can inform discussions around trade policy, market access, and economic development.
Key Facts
- Minnesota's exports to El Salvador totaled $92.4 million in 2021.
- Machinery, optic and medical instruments, and electrical equipment are top Minnesota exports to El Salvador.
- El Salvador is Minnesota's 49th largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of merchandise and services exported from the U.S. state of Minnesota to the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: Trends in state-level exports provide insight into regional trade patterns and economic relationships, which is useful for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in state-level exports can inform discussions around trade policy, market access, and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to El Salvador from Minnesota (MNSLVA052SCEN), retrieved from FRED.