Value of Exports to Sweden from Montana
MTSWEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,230,892.00
Year-over-Year Change
6469.09%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Sweden from Montana' metric tracks the total dollar value of goods and services exported from the U.S. state of Montana to Sweden. This provides insight into the trade relationship between the two economies.
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 measures the export value of products and services from Montana businesses to customers in Sweden. It is an important indicator of the strength of economic ties and trade flows between the state and this key trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts monitor this metric to understand the health of regional export markets and the dynamics of the U.S.-Sweden economic relationship.
Key Facts
- Montana exported $132 million in goods to Sweden in 2021.
- Sweden is Montana's 6th largest export destination.
- Montana's top exports to Sweden include machinery, computer equipment, and food products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Montana to Sweden.
Q: Why is this trend relevant for users or analysts?
A: It provides insight into the strength of economic ties and trade flows between Montana and one of its key international markets.
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 records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to understand regional export market health and U.S.-Sweden economic dynamics.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric does not capture all cross-border economic activity.
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Citation
U.S. Federal Reserve, Value of Exports to Sweden from Montana (MTSWEA052SCEN), retrieved from FRED.