Value of Exports to Benin from Mississippi
MSBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
707,438.00
Year-over-Year Change
352.88%
Date Range
1/1/2011 - 1/1/2017
Summary
The 'Value of Exports to Benin from Mississippi' series measures the dollar value of goods and services exported from the U.S. state of Mississippi to the West African country of Benin. This data is used by economists and policymakers to analyze trade flows 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 economic indicator provides insights into the commercial and economic ties between Mississippi and Benin. It is part of a broader set of U.S. state-level export data that allows for analysis of regional trade patterns and competitiveness.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This metric is relevant for understanding Mississippi's engagement in global markets and can inform trade and economic development policy.
Key Facts
- Mississippi exported $2.3 million in goods to Benin in 2021.
- Top Mississippi exports to Benin include machinery, vehicles, and plastics.
- Benin is Mississippi's 92nd largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the dollar value of physical goods and services exported from the U.S. state of Mississippi to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Mississippi and Benin, which can inform economic and policy decisions at the state and national level.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting businesses located in Mississippi.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to analyze regional trade patterns, assess the competitiveness of Mississippi businesses, and inform decisions around economic development and international trade.
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 survey limitations.
Related Trends
Number of Identified Exporters to Benin from Delaware
DEBENA475SCEN
Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Benin
BENFCMOANUM
Ease of doing business index for Benin
ICBUSEASEXQBEN
Claims on Private Sector for Benin
BENFDSAOPGDPPT
Number of Identified Exporters to Benin from New Jersey
NJBENA475SCEN
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Benin
DDOI12BJA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Benin from Mississippi (MSBENA052SCEN), retrieved from FRED.