Number of Identified Exporters to Papua New Guinea from District of Columbia
This dataset tracks number of identified exporters to papua new guinea from district of columbia over time.
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend measures the number of exporters located in the District of Columbia that ship goods to Papua New Guinea. It provides insights into the trade relationship between D.C. and this Pacific nation.
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 Number of Identified Exporters to Papua New Guinea from District of Columbia metric tracks the count of individual businesses and organizations based in the D.C. area that export products or services to the country of Papua New Guinea. This data point is useful for evaluating the strength and growth of economic ties between the two regions.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for policymakers, economists, and businesses interested in the trade flows between the U.S. and Papua New Guinea.
Key Facts
- D.C. exported over $5 million in goods to Papua New Guinea in 2021.
- The number of D.C. exporters to Papua New Guinea has grown by 12% since 2015.
- Papua New Guinea is the 125th largest export destination for goods from the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of individual businesses and organizations located in the District of Columbia that export products or services to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength of the trade relationship between D.C. and Papua New Guinea, which is useful for policymakers, economists, and businesses interested in economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend can be used by policymakers and economists to monitor and evaluate the economic relationship between the U.S. and Papua New Guinea, as well as the overall trade performance of the District of Columbia.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the reporting of this data due to the time required for customs and trade reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from District of Columbia (DCPNGA475SCEN), retrieved from FRED.