Value of Exports to Benin from Delaware
DEBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
493,234.00
Year-over-Year Change
-89.20%
Date Range
1/1/2008 - 1/1/2017
Summary
The 'Value of Exports to Benin from Delaware' trend measures the total value of goods exported from the U.S. state of Delaware to the West African nation of Benin. This data provides insights into the trade relationship between Delaware and Benin.
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 tracks the dollar value of commodities, raw materials, and manufactured products shipped from Delaware to Benin over time. It is used by economists, trade analysts, and policymakers to monitor the strength of Delaware's export markets and the state's integration with the global economy.
Methodology
The U.S. Census Bureau collects this data through surveys of commercial exporters.
Historical Context
The trend is relevant for understanding Delaware's trade patterns and competitiveness in international markets.
Key Facts
- Delaware exported $4.2 million in goods to Benin in 2021.
- Benin was Delaware's 114th largest export destination in 2021.
- Top Delaware exports to Benin include chemicals, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Benin from Delaware' trend measures the total value of goods exported from the U.S. state of Delaware to the West African nation of Benin.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insights into the trade relationship between Delaware and Benin, which is useful for economists, trade analysts, and policymakers to monitor Delaware's export markets and global economic integration.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of commercial exporters.
Q: How is this trend used in economic policy?
A: The 'Value of Exports to Benin from Delaware' trend is relevant for understanding Delaware's trade patterns and competitiveness in international markets, which can inform economic development and trade policies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the availability of the latest data due to the time required for the Census Bureau to collect and process the information from exporters.
Related Trends
Number of Identified Exporters to Benin from Delaware
DEBENA475SCEN
Use of Financial Services: Key Indicators, Depositors with Credit Unions and Financial Cooperatives Per 1000 Adults for Benin
BENFCDODUANUM
Number of Identified Exporters to Benin from Utah
UTBENA475SCEN
Number of Identified Exporters to Benin from Connecticut
CTBENA475SCEN
Gross Domestic Product for Benin
MKTGDPBJA646NWDB
Geographical Outreach: Number of Branches, Excluding Headquarters, for Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCBMFNNUM
Citation
U.S. Federal Reserve, Value of Exports to Benin from Delaware (DEBENA052SCEN), retrieved from FRED.