Value of Exports to Mali from New Jersey
NJMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
725,222.00
Year-over-Year Change
23.48%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Mali from New Jersey' measures the total value of goods and services exported from the state of New Jersey to the African country of Mali. This metric is important for understanding patterns in international trade and the economic relationship between the two regions.
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 data series tracks the dollar value of all products and services that are sent from New Jersey businesses and producers to customers and buyers in Mali. It provides insight into the scale and composition of export activity between the state and this specific trade partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists use this series to assess the health of New Jersey's export sector and the state's trade ties with Mali.
Key Facts
- New Jersey is the 11th largest exporting state in the U.S.
- Mali is the 129th largest trading partner for the United States.
- Exports from New Jersey to Mali have grown by 8% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total value of goods and services exported from the state of New Jersey to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between New Jersey and Mali, which is important for understanding patterns in international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess the health of New Jersey's export sector and the state's trade ties with Mali.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-month lag.
Related Trends
Number of Identified Exporters to Mali from Maryland
MDMLIA475SCEN
Nominal Gross Capital Formation for Mali
MLINIGDPPT
Bank's Return on Equity for Mali
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Number of Identified Exporters to Mali from New Hampshire
NHMLIA475SCEN
Value of Exports to Mali from Utah
UTMLIA052SCEN
Number of Identified Exporters to Mali from Rhode Island
RIMLIA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Mali from New Jersey (NJMLIA052SCEN), retrieved from FRED.