Value of Exports to Taiwan from Montana
MTTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,541,064.00
Year-over-Year Change
569.10%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Montana' series measures the total value of goods and services exported from the state of Montana to Taiwan. This metric is important for economists and policymakers to analyze trade flows and patterns between the U.S. and its trading partners.
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 provides insights into Montana's economic connections with Taiwan, a major trading partner for the United States. The data can be used to understand the dynamics of Montana's export economy and the state's role in broader U.S.-Taiwan trade relations.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to inform decisions on trade policies, investment strategies, and economic development initiatives.
Key Facts
- Montana exported $237 million worth of goods and services to Taiwan in 2020.
- Taiwan was Montana's 5th largest export destination in 2020.
- Agricultural products make up a significant portion of Montana's exports to Taiwan.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Montana to Taiwan, one of the United States' major trading partners.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Montana's economic connections with Taiwan, which can inform trade policies, investment strategies, and economic development initiatives.
Q: How is this data collected or calculated?
A: The data is collected and reported 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 use this metric to understand the dynamics of Montana's export economy and the state's role in broader U.S.-Taiwan trade relations.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all export activities from Montana to Taiwan.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Montana (MTTWNA052SCEN), retrieved from FRED.