Value of Exports to Namibia from Florida
FLNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,782,409.00
Year-over-Year Change
-84.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Namibia from Florida measures the total value of goods and services shipped from Florida to Namibia. This data provides insights into trade patterns and economic relationships between the U.S. state of Florida and the African nation of Namibia.
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 Value of Exports to Namibia from Florida is an economic indicator that tracks the dollar value of all products and services exported from the U.S. state of Florida to the country of Namibia. It is used by economists, policymakers, and businesses to assess Florida's trade activity and commercial ties with the Namibian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This export data is relevant for understanding Florida's global trade profile and can inform economic and trade policy decisions.
Key Facts
- Florida exported $78.5 million worth of goods and services to Namibia in 2021.
- Machinery, vehicles, and agricultural products are Florida's top exports to Namibia.
- Namibia ranks 82nd among Florida's global export destinations.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Namibia from Florida measures the total dollar value of all goods and services exported from the U.S. state of Florida to the country of Namibia.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the trade relationship between Florida and Namibia, which is useful for businesses, economists, and policymakers analyzing Florida's global trade profile and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: This export data can inform economic and trade policy decisions by providing insights into Florida's global trade patterns and relationships.
Q: Are there update delays or limitations?
A: The data is published with a 3-month lag and may not capture all export activity due to survey response rates.
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Citation
U.S. Federal Reserve, Value of Exports to Namibia from Florida (FLNAMA052SCEN), retrieved from FRED.