Value of Exports to Bulgaria from Connecticut

CTBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2,089,251.00

Year-over-Year Change

150.01%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the value of exports from the U.S. state of Connecticut to Bulgaria. It provides insights into the trade relationship between Connecticut and this key Eastern European market.

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 Bulgaria from Connecticut metric tracks the total dollar value of goods and services shipped from Connecticut to Bulgaria over a given period. This data is used by economists and policymakers to analyze patterns in Connecticut's export activity and the state's integration into global trade networks.

Methodology

The data is collected through surveys of Connecticut-based businesses and compiled by the U.S. Census Bureau.

Historical Context

This export data informs trade and economic development policies between the United States, Connecticut, and Bulgaria.

Key Facts

  • Connecticut exported $46 million in goods to Bulgaria in 2021.
  • Machinery and transportation equipment make up over 60% of Connecticut's exports to Bulgaria.
  • Bulgaria is Connecticut's 47th largest export market globally.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and services exported from the U.S. state of Connecticut to Bulgaria over a given time period.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into Connecticut's trade relationship with Bulgaria, an important Eastern European market, and can inform economic policy and business decisions.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Connecticut-based businesses and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This export data informs trade and economic development policies between the United States, Connecticut, and Bulgaria.

Q: Are there update delays or limitations?

A: The data is released on a monthly basis with a typical 1-2 month lag.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Bulgaria from Connecticut (CTBGRA052SCEN), retrieved from FRED.