Number of Identified Exporters to Falkland Islands (Malvinas) from New Mexico
NMFLKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/1997 - 1/1/1997
Summary
This economic trend measures the number of identified exporters from the U.S. state of New Mexico to the Falkland Islands, an overseas territory. It provides insights into New Mexico's trade and export relationships with this remote South Atlantic location.
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
The Number of Identified Exporters to Falkland Islands (Malvinas) from New Mexico is a metric that tracks the count of unique businesses based in New Mexico that export goods to the Falkland Islands. This data point is used by economists and policymakers to analyze New Mexico's international trade flows and economic connectivity.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database.
Historical Context
This trend is relevant for understanding New Mexico's export market diversification and identifying trade opportunities with distant territories.
Key Facts
- New Mexico exported goods worth over $1.4 billion in 2021.
- The Falkland Islands have a population of just over 3,400 people.
- The top export categories from New Mexico to the Falkland Islands are machinery, vehicles, and food products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or exporters located in the U.S. state of New Mexico that ship goods to the Falkland Islands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into New Mexico's trade relationships and economic ties with distant territories like the Falkland Islands, which can inform economic development strategies and export promotion policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database, which tracks the export activities of American businesses.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze New Mexico's export market diversification, identify trade opportunities, and develop strategies to support the state's international trade activities.
Q: Are there update delays or limitations?
A: The data is published with a lag, and there may be limitations in capturing all exporting businesses, especially smaller or irregular exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Falkland Islands (Malvinas) from New Mexico (NMFLKA475SCEN), retrieved from FRED.