Value of Exports to Papua New Guinea from Connecticut
CTPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,143,992.00
Year-over-Year Change
469.48%
Date Range
1/1/2007 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Connecticut to Papua New Guinea. It provides insights into Connecticut's trade relationships and economic integration with this Asia-Pacific 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 Papua New Guinea from Connecticut is a key indicator of the commercial and economic ties between the northeastern U.S. state and the Oceanic nation. It helps policymakers and analysts assess Connecticut's export performance and diversification of trade partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Connecticut-based exporters.
Historical Context
This metric is used by trade economists and policymakers to evaluate Connecticut's export competitiveness and integration in the global economy.
Key Facts
- Connecticut exported over $4 million in goods to Papua New Guinea in 2021.
- Exports to Papua New Guinea account for less than 0.1% of Connecticut's total exports.
- The top Connecticut exports to Papua New Guinea include machinery, chemicals, and electrical equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods exported from the U.S. state of Connecticut to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into Connecticut's trade relationships and export diversification, which are important factors for policymakers and economists analyzing the state's economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Connecticut-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Connecticut's export competitiveness and integration in the global economy.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, but may have a 1-2 month delay before being available.
Related Trends
Use of Financial Services: Number of Depositors at Credit Unions and Financial Cooperatives for Papua New Guinea
PNGFCDODUPENUM
External Loans and Deposits of Reporting Banks in Relation to the Banking Sector for Papua New Guinea
DDOI10PGA156NWDB
Number of Identified Exporters to Papua New Guinea from Texas
TXPNGA475SCEN
Use of Financial Services: Number of Loan Accounts at Credit Unions and Financial Cooperatives for Papua New Guinea
PNGFCNODUNUM
Number of Identified Exporters to Papua New Guinea from New Jersey
NJPNGA475SCEN
Value of Exports to Papua New Guinea from Mississippi
MSPNGA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Connecticut (CTPNGA052SCEN), retrieved from FRED.