Value of Exports to Ireland from Montana
MTIRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,427,124.00
Year-over-Year Change
435.73%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Montana to Ireland. It 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
The Value of Exports to Ireland from Montana series tracks the dollar value of goods and services exported from Montana to Ireland over time. This metric is used by economists and policymakers to analyze patterns in international trade and assess the economic relationship between the two areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This trend is relevant for understanding the role of exports in Montana's economy and the state's trade dynamics with Ireland.
Key Facts
- Montana exported $43.2 million worth of goods and services to Ireland in 2021.
- Exports to Ireland account for 1.5% of Montana's total international exports.
- Top exported products from Montana to Ireland include agricultural commodities and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of exports from the U.S. state of Montana to Ireland over time.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into trade flows and the economic relationship between Montana and Ireland, which is useful for policymakers, businesses, and economists analyzing patterns in international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand the role of exports in Montana's economy and assess the state's trade dynamics with Ireland.
Q: Are there update delays or limitations?
A: There may be delays of several months in the publication of this data, and the figures may be subject to revisions over time.
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Citation
U.S. Federal Reserve, Value of Exports to Ireland from Montana (MTIRLA052SCEN), retrieved from FRED.