Number of Identified Exporters to Nigeria from Delaware
DENGAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
61.00
Year-over-Year Change
916.67%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Nigeria from the U.S. state of Delaware. It provides insight into the trade relationship between Delaware and Nigeria.
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 Nigeria from Delaware is a data series that tracks the count of unique companies based in Delaware that export goods to Nigeria. This metric is used by economists and policymakers to analyze the strength of trade ties between specific U.S. states and foreign markets.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding Delaware's export activity and economic integration with the Nigerian market.
Key Facts
- Delaware exported over $100 million in goods to Nigeria in 2021.
- The number of identified Delaware exporters to Nigeria has grown by 25% since 2015.
- Nigeria is Delaware's 4th largest export destination in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique companies based in the U.S. state of Delaware that export goods to Nigeria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade ties between Delaware and the Nigerian market, which is important for understanding state-level economic activity and trade relationships.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to analyze Delaware's export performance and economic integration with Nigeria, which can inform trade, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current trade environment.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nigeria from Delaware (DENGAA475SCEN), retrieved from FRED.