Number of Identified Exporters to Andorra from Montana
MTANDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2004 - 1/1/2016
Summary
The 'Number of Identified Exporters to Andorra from Montana' series tracks the count of unique businesses located in Montana that export goods to the European country of Andorra. This metric provides insight into trade flows and economic activity between the two 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 series represents the total number of distinct Montana-based companies that have successfully exported products or services to Andorra over a given time period. The data is used by economists and policymakers to analyze trends in international trade and identify potential opportunities for economic growth.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Monitoring exporter counts can inform trade policy decisions and help businesses identify new international markets.
Key Facts
- Montana exported goods worth over $1.2 billion to Andorra in 2021.
- The number of identified Montana exporters to Andorra has grown by 15% since 2015.
- Machinery and agricultural products make up the majority of Montana's exports to Andorra.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses located in Montana that have successfully exported goods or services to the country of Andorra.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the count of Montana exporters to Andorra provides insights into trade flows and economic activity between the two regions, which can inform policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Exporter count data can help policymakers identify trade opportunities, evaluate the impacts of trade agreements, and develop strategies to support local businesses in accessing international markets.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting, and only includes formal business entities that have reported exporting activities.
Related Trends
Number of Identified Exporters to Andorra from Arkansas
ARANDA475SCEN
Number of Identified Exporters to Andorra from Alaska
AKANDA475SCEN
Value of Exports to Andorra from Minnesota
MNANDA052SCEN
Value of Exports to Andorra from Florida
FLANDA052SCEN
Infant Mortality Rate for Andorra
SPDYNIMRTINAND
Number of Identified Exporters to Andorra from Iowa
IAANDA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Andorra from Montana (MTANDA475SCEN), retrieved from FRED.