Number of Identified Exporters to Benin from Montana
MTBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
300.00%
Date Range
1/1/2003 - 1/1/2016
Summary
The 'Number of Identified Exporters to Benin from Montana' tracks the count of businesses located in Montana that are exporting goods to the West African country of Benin.
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 insight into the trade relationship between the U.S. state of Montana and the nation of Benin. It is used by policymakers and analysts to understand patterns in international commerce and the health of Montana's export sector.
Methodology
The data is collected through surveys of U.S. exporters and customs declarations.
Historical Context
Trends in this series can signal changes in market access, trade policy, or the competitiveness of Montana businesses in the Beninese market.
Key Facts
- Montana exported $4.2 million in goods to Benin in 2021.
- The number of identified Montana exporters to Benin has grown by 7% over the past 5 years.
- Agriculture and food products account for over 60% of Montana's exports to Benin.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in the U.S. state of Montana that are identified as exporting goods to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the number of Montana exporters to Benin provides insight into the health and growth of the state's international trade relationships, which is important for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in the number of Montana exporters to Benin can signal changes in market access, trade policy, or the competitiveness of local businesses, informing policymakers on issues of economic development and international commerce.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collection and publication.
Related Trends
Value of Exports to Benin from Missouri
MOBENA052SCEN
Number of Identified Exporters to Benin from Illinois
ILBENA475SCEN
Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Benin
DDAI04BJA156NWDB
Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCBMFNNUM
Official External Debt: Debtor Based for Benin
BENDGGDPPT
Value of Exports to Benin from West Virginia
WVBENA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from Montana (MTBENA475SCEN), retrieved from FRED.