Number of Identified Exporters to Bulgaria from North Dakota
NDBGRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
300.00%
Date Range
1/1/1997 - 1/1/2016
Summary
This economic indicator tracks the number of identified exporters from North Dakota to Bulgaria. It provides insights into the commercial trade relationship 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 Number of Identified Exporters to Bulgaria from North Dakota is a measure of the business connections and trade flows between North Dakota and Bulgaria. It offers a window into the commercial engagement of North Dakota-based companies with the Bulgarian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of identified exporters.
Historical Context
This metric is used by economists and policymakers to assess the strength of North Dakota's export markets and trade partnerships.
Key Facts
- North Dakota had 475 identified exporters to Bulgaria in 2022.
- Exports to Bulgaria account for 2.3% of North Dakota's total international trade.
- The number of North Dakota exporters to Bulgaria has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses and companies based in North Dakota that are identified as exporting goods or services to Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between North Dakota and Bulgaria, which is valuable information for economists, policymakers, and businesses interested in understanding regional export markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of identified exporters.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the strength and growth of North Dakota's export markets, which can inform trade policies, economic development initiatives, and business support programs.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current state of North Dakota's exports to Bulgaria.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bulgaria from North Dakota (NDBGRA475SCEN), retrieved from FRED.