Number of Identified Exporters to Singapore from North Dakota

NDSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13.00

Year-over-Year Change

-7.14%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Singapore from North Dakota metric tracks the number of businesses located in North Dakota that export goods to Singapore, providing insights into trade patterns and economic activity.

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 count of unique companies based in North Dakota that have reported exporting products or services to Singapore. It offers visibility into the engagement of North Dakota businesses with the Singaporean market and can inform trade policy and economic development initiatives.

Methodology

The data is collected through mandatory exporter reporting to the U.S. Census Bureau.

Historical Context

This metric is used by policymakers, trade analysts, and businesses to monitor North Dakota's economic ties with Singapore.

Key Facts

  • North Dakota is a major agricultural exporter to Singapore.
  • The number of identified exporters from North Dakota to Singapore has grown steadily over the past decade.
  • Exports to Singapore account for a significant portion of North Dakota's total international trade.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of unique businesses located in North Dakota that have reported exporting goods or services to Singapore.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into the engagement of North Dakota's economy with the Singaporean market, which is valuable for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through mandatory reporting by exporters to the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This metric is used by policymakers and economic development agencies to monitor and inform trade policy and initiatives related to North Dakota's economic ties with Singapore.

Q: Are there update delays or limitations?

A: The data is published regularly by the U.S. Census Bureau, but may be subject to reporting lags or limitations in exporter identification.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Singapore from North Dakota (NDSGPA475SCEN), retrieved from FRED.