Value of Exports to Finland from Nebraska
NEFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,631,928.00
Year-over-Year Change
558.16%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Finland from Nebraska' measures the dollar value of goods and services shipped from Nebraska to Finland. This metric is important for understanding Nebraska's international trade dynamics and economic connections.
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 monetary value of all products and commodities exported from the state of Nebraska to the country of Finland. It provides insight into the scale and composition of Nebraska's trade relationship with this key European market.
Methodology
The data is collected through customs declarations and surveys of exporting businesses.
Historical Context
Policymakers and trade analysts use this metric to assess Nebraska's export performance and competitiveness in the global economy.
Key Facts
- Nebraska exported $123 million in goods to Finland in 2021.
- Machinery and agricultural products are Nebraska's top exports to Finland.
- Finland is Nebraska's 12th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of all products and commodities exported from the state of Nebraska to Finland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Nebraska's trade relationship and economic integration with the Finnish market, which is important for understanding the state's international competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of exporting businesses in Nebraska.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Nebraska's export performance and identify opportunities to expand the state's global market share.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month delay in reporting this data, and the figures may not capture all informal or unrecorded trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Nebraska (NEFINA052SCEN), retrieved from FRED.