Value of Exports to Saudi Arabia from Mississippi

MSSAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

103,729,028.00

Year-over-Year Change

589.81%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Saudi Arabia from Mississippi' series tracks the total value of goods and services exported from the U.S. state of Mississippi to Saudi Arabia. This metric is an important indicator of 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 economic series provides insights into Mississippi's export activities and trade balance with Saudi Arabia, a key trading partner. The data can inform policymakers and analysts about the relative importance of this international commercial relationship for the state's economy.

Methodology

The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative records.

Historical Context

Trends in Mississippi's exports to Saudi Arabia are relevant for understanding the state's economic integration with global markets and its competitive positioning.

Key Facts

  • Mississippi exported $302 million in goods and services to Saudi Arabia in 2021.
  • Exports to Saudi Arabia accounted for 2.1% of Mississippi's total international exports in 2021.
  • The top Mississippi exports to Saudi Arabia include chemicals, machinery, and agricultural products.

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 Mississippi to Saudi Arabia.

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

A: This metric provides insights into Mississippi's trade dynamics and economic relationship with a key international partner, Saudi Arabia.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative records.

Q: How is this trend used in economic policy?

A: Trends in Mississippi's exports to Saudi Arabia are relevant for understanding the state's economic integration with global markets and its competitive positioning.

Q: Are there update delays or limitations?

A: The data is published with a lag, typically several months after the end of the reporting period.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saudi Arabia from Mississippi (MSSAUA052SCEN), retrieved from FRED.