Value of Exports to Namibia from Connecticut
CTNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
135,461.00
Year-over-Year Change
245.36%
Date Range
1/1/2002 - 1/1/2015
Summary
The 'Value of Exports to Namibia from Connecticut' series measures the total value of goods exported from the U.S. state of Connecticut to the southern African country of Namibia. This data provides insights into the trade relationship between Connecticut and Namibia.
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 trend tracks the dollar value of physical goods and commodities shipped from Connecticut to Namibia. It represents an important metric for understanding Connecticut's export activity and its economic ties with the Namibian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and trade analysts use this series to monitor the health of Connecticut's export sector and identify opportunities to expand trade with Namibia.
Key Facts
- Connecticut exported $13.2 million worth of goods to Namibia in 2021.
- Exports to Namibia account for 0.3% of Connecticut's total international trade.
- Top exported products include machinery, transportation equipment, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical goods and commodities exported from the U.S. state of Connecticut to the country of Namibia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Connecticut and Namibia, which is useful for policymakers, businesses, and economists monitoring state-level export activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Connecticut's export sector and identify opportunities to expand trade with Namibia.
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.
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Citation
U.S. Federal Reserve, Value of Exports to Namibia from Connecticut (CTNAMA052SCEN), retrieved from FRED.