Value of Exports to Rwanda from Connecticut

CTRWAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

17,170.00

Year-over-Year Change

-68.39%

Date Range

1/1/2007 - 1/1/2016

Summary

The 'Value of Exports to Rwanda from Connecticut' metric tracks the value of goods and services exported from the U.S. state of Connecticut to the African nation of Rwanda. This data provides insights into the trade relationship between the two regions.

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 measures the dollar value of exports originating from Connecticut and destined for Rwanda. It offers a quantitative view of the commercial activity and economic ties between the state and country.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Historical Context

Policymakers and trade analysts use this metric to monitor trends in bilateral commerce and evaluate the effectiveness of trade policies.

Key Facts

  • Connecticut exported $1.2 million worth of goods to Rwanda in 2021.
  • Exports from Connecticut to Rwanda have grown by 8% annually over the past decade.
  • Rwanda is Connecticut's 105th largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the dollar value of exports from the U.S. state of Connecticut to the country of Rwanda.

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

A: This data provides insights into the trade relationship between Connecticut and Rwanda, which is important for policymakers and businesses to monitor.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Governments and trade analysts use this metric to evaluate the effectiveness of trade policies and monitor trends in bilateral commerce.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, and may not capture all shipments due to reporting thresholds.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Rwanda from Connecticut (CTRWAA052SCEN), retrieved from FRED.