Value of Exports to Papua New Guinea from Alaska
AKPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,885.00
Year-over-Year Change
-98.82%
Date Range
1/1/2012 - 1/1/2016
Summary
This economic trend measures the value of exports from the state of Alaska to Papua New Guinea. It provides insights into Alaska's international trade and economic ties with this Pacific nation.
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 Value of Exports to Papua New Guinea from Alaska metric tracks the dollar value of goods and services exported from Alaska to Papua New Guinea. It serves as an indicator of the commercial relationship and trade flows between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for analyzing Alaska's export markets and assessing its economic performance and trade relationships.
Key Facts
- Alaska exported $4.2 million worth of goods to Papua New Guinea in 2021.
- Exports to Papua New Guinea account for less than 1% of Alaska's total international trade.
- Mining and fishery products are among Alaska's top exports to Papua New Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Alaska to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Alaska's international trade relationships and its economic ties with the Pacific region.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to analyze Alaska's export markets and assess its economic performance and trade relationships.
Q: Are there update delays or limitations?
A: The data is subject to revisions and may have a delay of several months before being publicly available.
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Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Alaska (AKPNGA052SCEN), retrieved from FRED.