Number of Identified Exporters to Denmark from Nebraska
NEDNKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31.00
Year-over-Year Change
-18.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Denmark from Nebraska measures the count of Nebraska-based businesses that export goods to Denmark. This trend provides insight into the trade relationship and economic ties between Nebraska and Denmark.
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 number of unique Nebraska entities that have reported exporting products or services to Denmark. It offers a metric for evaluating the scale and activity of export trade between the two economies.
Methodology
The data is collected through mandatory exporter reporting to the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Nebraska's export sector and its commercial relationship with Denmark.
Key Facts
- Nebraska exported $302 million to Denmark in 2021.
- Denmark is Nebraska's 10th largest export market.
- The number of identified Nebraska exporters to Denmark has grown by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique Nebraska-based businesses that have reported exporting goods or services to Denmark.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and activity of trade between Nebraska and Denmark, which is important for evaluating the health of Nebraska's export sector and its commercial relationship with Denmark.
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: Policymakers and trade analysts use this metric to monitor Nebraska's export performance and inform policies and programs aimed at supporting and expanding the state's international trade.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag, and may not capture all small or irregular exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Denmark from Nebraska (NEDNKA475SCEN), retrieved from FRED.