Value of Exports to Chad from Minnesota
MNTCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,584.00
Year-over-Year Change
0.00%
Date Range
1/1/2006 - 1/1/2006
Summary
The Value of Exports to Chad from Minnesota tracks the total value of goods and services exported from the U.S. state of Minnesota to the African country of Chad. This metric is important for understanding trade dynamics and economic relationships between regions.
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
The Value of Exports to Chad from Minnesota measures the monetary value of all products and services shipped from Minnesota to Chad. It provides insights into the trade balance and commercial activities between these two economies, which is relevant for policymakers and international business analysts.
Methodology
The data is compiled by the U.S. Census Bureau based on customs declarations and shipping records.
Historical Context
Trends in exports are closely monitored by government agencies and multinational organizations to assess economic conditions and guide trade policy decisions.
Key Facts
- Minnesota is a major exporting state in the U.S.
- Chad is a landlocked country in Central Africa.
- Exports to Chad account for a small fraction of total Minnesota exports.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Chad from Minnesota tracks the total monetary value of goods and services exported from the U.S. state of Minnesota to the African country of Chad.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade dynamics and economic relationship between Minnesota and Chad, which is useful for policymakers, businesses, and economic researchers analyzing regional and international commerce.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on customs declarations and shipping records.
Q: How is this trend used in economic policy?
A: Trends in exports are closely monitored by government agencies and multinational organizations to assess economic conditions and guide trade policy decisions.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential limitations of U.S. government trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Chad from Minnesota (MNTCDA052SCEN), retrieved from FRED.