Value of Exports to Qatar from North Dakota
NDQATA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,589,668.00
Year-over-Year Change
226.62%
Date Range
1/1/2007 - 1/1/2015
Summary
The 'Value of Exports to Qatar from North Dakota' metric tracks the dollar value of goods and services exported from North Dakota to the country of Qatar. This data provides insight into the commercial trade relationship between the U.S. state and the Middle Eastern nation.
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 dollar value of exports originating from North Dakota and destined for Qatar. It offers economists and policymakers a view into the state's trade flows and commercial ties with this key international market.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Trends in North Dakota's exports to Qatar can inform trade policy, investment decisions, and economic development strategies.
Key Facts
- North Dakota exports to Qatar totaled $XX.XX million in the latest year.
- Qatar was North Dakota's Xth largest export destination in the most recent period.
- Key North Dakota exports to Qatar include [example products or industries].
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of goods and services exported from the U.S. state of North Dakota to the country of Qatar.
Q: Why is this trend relevant for users or analysts?
A: Trends in North Dakota's exports to Qatar provide insight into the commercial trade relationship between the state and this key international market, which can inform policy, investment, and economic development decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Policymakers, trade analysts, and economic development officials can use this data to monitor North Dakota's trade flows, identify growth opportunities, and inform strategies related to the state's engagement with the Qatari market.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data by the Census Bureau. Additionally, the state-level export figures may not capture all trade activity, as some exports could be attributed to other states.
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Citation
U.S. Federal Reserve, Value of Exports to Qatar from North Dakota (NDQATA052SCEN), retrieved from FRED.