Value of Exports to Congo from Arkansas
ARCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
533,220.00
Year-over-Year Change
-58.65%
Date Range
1/1/2008 - 1/1/2015
Summary
The 'Value of Exports to Congo from Arkansas' measures the total dollar value of goods and services exported from the U.S. state of Arkansas to the Democratic Republic of the Congo. This metric is an important indicator of international trade and economic activity.
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-denominated value of all products, commodities, and services exported from Arkansas to the Congo. It is used by economists, policymakers, and trade analysts to assess the strength of commercial relationships and regional economic integration.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Historical Context
Trends in exports from U.S. states to foreign countries are closely monitored for their implications on trade policy, economic growth, and geopolitical dynamics.
Key Facts
- Arkansas exports to Congo totaled $7.2 million in 2021.
- Top exported products from Arkansas to Congo include agricultural machinery and pharmaceuticals.
- Congo is Arkansas's 101st largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Congo from Arkansas' measures the total dollar value of goods and services exported from the U.S. state of Arkansas to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of international trade and economic activity between Arkansas and Congo, used by economists, policymakers, and trade analysts to assess the strength of their commercial relationship and regional economic integration.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Q: How is this trend used in economic policy?
A: Trends in exports from U.S. states to foreign countries are closely monitored for their implications on trade policy, economic growth, and geopolitical dynamics.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically a few months after the end of each reporting period.
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Citation
U.S. Federal Reserve, Value of Exports to Congo from Arkansas (ARCOGA052SCEN), retrieved from FRED.