Value of Exports to Thailand from Minnesota
MNTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
231,334,470.00
Year-over-Year Change
-41.18%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Minnesota to Thailand. It provides insights into the trade relationship and economic ties between the two 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 Thailand from Minnesota' series tracks the total dollar value of goods and services exported from Minnesota to Thailand over time. It is an important indicator of the strength of the trade partnership and Minnesota's economic engagement with the Thai market.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
This metric is closely monitored by policymakers, trade analysts, and businesses to understand Minnesota's export performance and guide economic strategies.
Key Facts
- Minnesota exports to Thailand totaled $464 million in 2021.
- Thailand is Minnesota's 10th largest export destination.
- Top Minnesota exports to Thailand include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Minnesota to Thailand.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of the trade relationship between Minnesota and Thailand, which is important for understanding Minnesota's export performance and guiding economic strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by policymakers, trade analysts, and businesses to understand Minnesota's export performance and guide economic strategies.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but there may be some time lags in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Minnesota (MNTHAA052SCEN), retrieved from FRED.