Value of Exports to Papua New Guinea from Arizona
AZPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
807,912.00
Year-over-Year Change
361.79%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Papua New Guinea from Arizona' measures the dollar value of goods and services exported from the state of Arizona to the country of Papua New Guinea. This trend provides insights into Arizona's trade relationship with Papua New Guinea.
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 total value of exports, including both goods and services, originating from the state of Arizona and destined for Papua New Guinea. It offers economic analysts a view into the commercial ties between Arizona and this key Asia-Pacific trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.
Historical Context
This export data is used by policymakers, trade associations, and businesses to monitor and inform decisions around Arizona's trade strategy with Papua New Guinea.
Key Facts
- Arizona exported $42 million in goods and services to Papua New Guinea in 2021.
- Papua New Guinea was Arizona's 75th largest export destination in 2021.
- Computer equipment and agricultural products are key Arizona exports to Papua New Guinea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports, including both goods and services, originating from the state of Arizona and destined for Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Arizona and Papua New Guinea, which is important for understanding Arizona's broader international trade strategy and position.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.
Q: How is this trend used in economic policy?
A: This export data is used by policymakers, trade associations, and businesses to monitor and inform decisions around Arizona's trade strategy with Papua New Guinea.
Q: Are there update delays or limitations?
A: The data is published monthly with a 3-month lag, so the most recent figures may not reflect the current trade environment.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Papua New Guinea
PNGFCBODDNUM
Consumer Price Index for Papua New Guinea
DDOE01PGA086NWDB
Fertility Rate, Total for Papua New Guinea
SPDYNTFRTINPNG
Use of Financial Services, Assets: Outstanding Loans at Other Depository Corporations for Papua New Guinea
PNGFCSODXDC
Liquid Liabilities (Broad Money) for Papua New Guinea
DDOI07PGA648NWDB
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Papua New Guinea
BARTERICMP25UPZSPNG
Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Arizona (AZPNGA052SCEN), retrieved from FRED.