Value of Exports to Congo from Florida
FLCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,465,421.00
Year-over-Year Change
736.25%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Congo from Florida' series measures the total dollar value of goods and services exported from Florida to the Democratic Republic of the Congo. This provides insight into trade flows and economic relationships between the U.S. state and African country.
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 series captures the value of Florida's exports to the Congo, which is an important indicator of the commercial and trade ties between the two regions. Policymakers and analysts use this data to understand patterns in state-level trade and economic integration.
Methodology
The data is collected through customs records and surveys of exporting businesses.
Historical Context
This export value metric is closely watched by trade economists and international business analysts.
Key Facts
- Florida's exports to Congo totaled $47.3 million in 2020.
- The top export categories are machinery, chemicals, and transportation equipment.
- Congo ranks 77th among destination countries for Florida's international exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the U.S. state of Florida to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the trade and economic relationship between Florida and Congo, which is useful for policymakers, businesses, and economists analyzing regional trade flows.
Q: How is this data collected or calculated?
A: The data is collected through customs records and surveys of exporting companies located in Florida.
Q: How is this trend used in economic policy?
A: This export value metric is closely monitored by trade economists, international business analysts, and policymakers to understand patterns in state-level trade and economic integration.
Q: Are there update delays or limitations?
A: The data is published regularly with some time lag, typically several months after the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Congo from Florida (FLCOGA052SCEN), retrieved from FRED.