Value of Exports to Ethiopia from Mississippi

MSETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

15,269.00

Year-over-Year Change

-87.89%

Date Range

1/1/2005 - 1/1/2016

Summary

The 'Value of Exports to Ethiopia from Mississippi' measures the dollar value of goods and services exported from the U.S. state of Mississippi to Ethiopia. This metric is a key indicator of Mississippi's international trade activity and economic integration with the Ethiopian market.

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 series tracks the total value of merchandise and services shipped from Mississippi businesses and producers to Ethiopia. It provides insight into the commercial relationship between the two economies and the importance of Ethiopia as an export destination for Mississippi-based companies.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of export shipments.

Historical Context

Policymakers and trade analysts use this metric to evaluate Mississippi's export performance and competitiveness in the global marketplace.

Key Facts

  • Mississippi exported $42.7 million in goods and services to Ethiopia in 2021.
  • Ethiopia ranks as Mississippi's 47th largest export destination globally.
  • Top Mississippi exports to Ethiopia include agricultural products, machinery, and chemical manufactures.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Ethiopia from Mississippi' measures the total dollar value of merchandise and services exported from the U.S. state of Mississippi to the country of Ethiopia.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into Mississippi's trade relationship with Ethiopia and the state's export performance in a key international market. It is useful for policymakers, businesses, and economic analysts tracking Mississippi's global competitiveness.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through surveys of export shipments from companies located in Mississippi.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to evaluate Mississippi's export performance and competitiveness in the global marketplace, which can inform economic development strategies and trade policies.

Q: Are there update delays or limitations?

A: The data is published by the U.S. Census Bureau with a delay of several months. There may also be limitations in fully capturing all export shipments from Mississippi to Ethiopia.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Ethiopia from Mississippi (MSETHA052SCEN), retrieved from FRED.