Value of Exports to Croatia from North Dakota
NDHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,832.00
Year-over-Year Change
0.00%
Date Range
1/1/2016 - 1/1/2016
Summary
The 'Value of Exports to Croatia from North Dakota' trend measures the total value of goods and services exported from North Dakota to Croatia. This metric is important for assessing North Dakota's international trade patterns and competitiveness.
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 tracks the dollar value of all products and services exported from North Dakota to Croatia. It provides insights into the trade relationship between the two regions and North Dakota's position within global supply chains.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
This metric is used by policymakers, economists, and businesses to analyze North Dakota's export performance and guide trade strategies.
Key Facts
- North Dakota exported $15.3 million worth of goods and services to Croatia in 2021.
- Croatia accounts for less than 1% of North Dakota's total international exports.
- Agriculture and machinery are North Dakota's top exports to Croatia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of North Dakota to Croatia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into North Dakota's trade relationship with Croatia and the state's overall export performance.
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 declarations.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses use this metric to analyze North Dakota's export patterns and guide trade strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all trade activity between North Dakota and Croatia.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from North Dakota (NDHRVA052SCEN), retrieved from FRED.