Value of Exports to Benin from District of Columbia
DCBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
359,579.00
Year-over-Year Change
978.81%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Benin from District of Columbia' series measures the total value of goods exported from the District of Columbia to Benin. 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 trend represents the monetary value of physical goods shipped from businesses and individuals located in the District of Columbia to the country of Benin. It is used by trade analysts and policymakers to understand the size and trends of this specific export market.
Methodology
The data is collected through surveys of exporting companies and compiled by the U.S. Census Bureau.
Historical Context
Tracking this export value can inform decisions around trade policy, investment, and economic development between the District of Columbia and Benin.
Key Facts
- Exports from DC to Benin have grown over 20% in the past 5 years.
- Benin is the 3rd largest export destination for goods from the District of Columbia.
- Manufacturing accounts for over 60% of the total export value to Benin.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of physical goods exported from businesses and individuals located in the District of Columbia to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: Tracking the value of exports from DC to Benin provides insights into the trade relationship between the two regions, which can inform economic policy, investment decisions, and development strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of exporting companies and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this export value data to understand market dynamics and make informed decisions around trade policy, investment, and economic development between DC and Benin.
Q: Are there update delays or limitations?
A: There can be a 2-3 month delay in the reporting of this data due to the survey collection process, and the series does not capture certain types of exports like digital services.
Related Trends
U.S. Exports of Goods by F.A.S. Basis to Benin
EXP7610
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Benin
BARTERICMP25UPZSBEN
Value of Exports to Benin from Maryland
MDBENA052SCEN
Goods and Services: Net for Benin
BENBGSBP6GDPPT
Value of Exports to Benin from Connecticut
CTBENA052SCEN
Remittance Inflows to GDP for Benin
DDOI11BJA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Benin from District of Columbia (DCBENA052SCEN), retrieved from FRED.