Number of Identified Exporters to United Arab Emirates from Montana
MTAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
72.73%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the state of Montana to the United Arab Emirates. Understanding export activity is crucial for policymakers and businesses to assess trade relationships and economic opportunities.
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
The Number of Identified Exporters to United Arab Emirates from Montana metric tracks the count of unique companies based in Montana that have reported exporting goods or services to the UAE market. This data provides insights into the scale and diversification of Montana's export economy.
Methodology
The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Historical Context
Exporters data is used by economists and trade policy analysts to evaluate market access and the competitiveness of regional industries.
Key Facts
- Montana exported $206 million in goods to the UAE in 2021.
- The number of identified Montana exporters to the UAE grew by 12% from 2020 to 2021.
- Top Montana export categories to the UAE include agricultural products, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in Montana that have reported exporting goods or services to the United Arab Emirates market.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Montana exporters to the UAE provides insights into the scale and diversification of the state's export economy, which is crucial information for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Exporters data is used by economists and trade policy analysts to evaluate market access and the competitiveness of regional industries, informing decisions around trade agreements, export promotion programs, and other economic policies.
Q: Are there update delays or limitations?
A: The data is subject to a reporting lag, with the most recent figures typically available 6-12 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from Montana (MTAREA475SCEN), retrieved from FRED.