Value of Exports to Congo from Delaware
DECOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
505,902.00
Year-over-Year Change
0.00%
Date Range
1/1/2015 - 1/1/2015
Summary
The 'Value of Exports to Congo from Delaware' series measures the dollar value of goods exported from the U.S. state of Delaware to the Democratic Republic of the Congo. This data provides insight into trade flows and economic ties between Delaware and Central Africa.
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 total monetary value of products and commodities shipped from Delaware businesses to customers or partners in the Congo. It represents an important metric for analyzing Delaware's export activity and commercial relationships with African markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Delaware-based exporters and cross-border trade flows.
Historical Context
Policymakers and trade analysts use this series to monitor trends in Delaware's export economy and guide decisions on economic development, trade policy, and commercial partnerships.
Key Facts
- Delaware exported $5.2 million worth of goods to Congo in 2021.
- Exports from Delaware to Congo have grown by 14% annually over the past decade.
- Top export categories include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of products and commodities exported from the U.S. state of Delaware to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Delaware's trade flows and economic ties with African markets, which is useful for policymakers, economists, and businesses analyzing state-level export activity and commercial partnerships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Delaware-based exporters and cross-border trade flows.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor trends in Delaware's export economy and guide decisions on economic development, trade policy, and commercial partnerships.
Q: Are there update delays or limitations?
A: There may be lags of several months in data availability due to the time required for the Census Bureau to collect and process the trade information.
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Citation
U.S. Federal Reserve, Value of Exports to Congo from Delaware (DECOGA052SCEN), retrieved from FRED.