Value of Exports to Benin from Missouri
MOBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
920,543.00
Year-over-Year Change
75.76%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Benin from Missouri' series measures the total value of goods and services exported from the U.S. state of Missouri to the West African country of Benin. 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
This data series tracks the dollar value of exports originating in Missouri that are destined for Benin. It provides insights into the commercial activity and trading partnerships between these geographic entities, which is useful information for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Historical Context
Trends in Missouri's exports to Benin can signal changes in bilateral trade policy, commodity prices, and consumer demand.
Key Facts
- Missouri is a major U.S. exporting state.
- Benin is an emerging market in West Africa.
- Trade data can indicate economic conditions
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods and services exported from the U.S. state of Missouri to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Missouri's exports to Benin provides insights into the trade relationship and economic connections between these regions, which is valuable information 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 exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in Missouri's exports to Benin can signal changes in bilateral trade policy, commodity prices, and consumer demand, which is relevant information for economic policymakers and market participants.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all export activity, but the Census Bureau data provides a reliable, official source for this economic metric.
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Citation
U.S. Federal Reserve, Value of Exports to Benin from Missouri (MOBENA052SCEN), retrieved from FRED.