Value of Exports to Saint Vincent and the Grenadines from Minnesota
MNVCTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
232,440.00
Year-over-Year Change
565.65%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Saint Vincent and the Grenadines from Minnesota' series measures the total value of goods and services exported from the U.S. state of Minnesota to the Caribbean island nation of Saint Vincent and the Grenadines.
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 data series is part of the U.S. Census Bureau's Foreign Trade program, which tracks international trade flows at the state and local level. It is an important indicator of economic ties and trade relationships between Minnesota and its global trading partners.
Methodology
The data is collected through mandatory surveys of U.S. exporters and customs declarations.
Historical Context
Policymakers and economists monitor this series to assess the strength of Minnesota's export economy and its commercial ties with the Caribbean region.
Key Facts
- Minnesota exported over $1.5 million in goods to Saint Vincent and the Grenadines in 2021.
- Saint Vincent and the Grenadines is a relatively small trading partner for Minnesota, accounting for less than 0.1% of the state's total exports.
- The top exported products from Minnesota to Saint Vincent and the Grenadines include machinery, vehicles, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of goods and services exported from the U.S. state of Minnesota to the Caribbean nation of Saint Vincent and the Grenadines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of Minnesota's export economy and its commercial relationships with trading partners in the Caribbean region.
Q: How is this data collected or calculated?
A: The data is collected through mandatory surveys of U.S. exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to assess Minnesota's export performance and the impact of trade policies on the state's economy.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all export activity due to reporting requirements.
Related Trends
Value of Exports to Saint Vincent and the Grenadines from Missouri
MOVCTA052SCEN
Fertility Rate, Total for Saint Vincent and the Grenadines
SPDYNTFRTINVCT
Value of Exports to Saint Vincent and the Grenadines from Tennessee
TNVCTA052SCEN
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for St. Vincent and the Grenadines
SVGFCBODCANUM
Number of Identified Exporters to Saint Vincent and the Grenadines from South Dakota
SDVCTA475SCEN
Number of Identified Exporters to Saint Vincent and the Grenadines from Hawaii
HIVCTA475SCEN
Citation
U.S. Census Bureau, Value of Exports to Saint Vincent and the Grenadines from Minnesota (MNVCTA052SCEN), retrieved from FRED.