Value of Exports to Guinea from Connecticut
CTGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
776,682.00
Year-over-Year Change
17.70%
Date Range
1/1/2007 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Connecticut' series measures the total value of goods and services exported from the U.S. state of Connecticut to the West African country of Guinea. This metric is important for assessing Connecticut's international trade relationships and economic linkages.
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 economic indicator tracks the dollar value of all products and services shipped from Connecticut to Guinea, including agricultural goods, industrial equipment, and professional services. It provides insight into the scale and composition of Connecticut's export economy and its trade ties with developing markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Connecticut-based businesses.
Historical Context
Policymakers and business analysts use this series to monitor trade flows and identify opportunities or challenges in Connecticut's export markets.
Key Facts
- Connecticut exported $4.2 million in goods and services to Guinea in 2021.
- Machinery and equipment make up the largest share of Connecticut's exports to Guinea.
- Guinea is Connecticut's 92nd largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Guinea from Connecticut' series tracks the total dollar value of all goods and services exported from the U.S. state of Connecticut to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and composition of Connecticut's export economy and its trade relationships with developing markets like Guinea. It is useful for policymakers and businesses monitoring international trade flows.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Connecticut-based businesses exporting to international destinations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to assess Connecticut's trade ties, identify export opportunities, and develop strategies to support the state's international business activities.
Q: Are there update delays or limitations?
A: The export data is published on a monthly basis with a 1-2 month lag. Figures may be subject to periodic revisions by the Census Bureau.
Related Trends
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Guinea
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Value of Exports to Guinea from Missouri
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Use of Financial Services Borrowers: Households Borrowing from Credit Unions and Financial Cooperatives for Guinea
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Number of Identified Exporters to Guinea from Oregon
ORGINA475SCEN
Use of Financial Services: Key Indicators, Outstanding Small and Medium Enterprises (SME) Deposits with Commercial Banks for Guinea
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Geographical Outreach: Key Indicators, Mobile Banking, Active Agent Outlets Per 1000 Km2 for Guinea
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Citation
U.S. Federal Reserve, Value of Exports to Guinea from Connecticut (CTGINA052SCEN), retrieved from FRED.