Value of Exports to Senegal from Florida
FLSENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,673,956.00
Year-over-Year Change
93.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Senegal from Florida' measures the total value of goods exported from the state of Florida to the African country of Senegal. This economic indicator provides insights into trade dynamics and commercial relationships between the two regions.
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 data series tracks the dollar value of physical goods, commodities, and merchandise shipped from Florida to Senegal. It serves as an important metric for analyzing trade flows, supply chain activities, and the commercial ties between these two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level trade statistics program.
Historical Context
Policymakers and market analysts use this trend to assess Florida's export performance and Senegal's significance as a trade partner.
Key Facts
- Florida is the 4th largest exporting state in the U.S.
- Senegal is Florida's 45th largest export destination globally.
- Machinery, vehicles, and agricultural products are major Florida exports to Senegal.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of physical goods, commodities, and merchandise exported from the state of Florida to the country of Senegal.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade dynamics and commercial relationships between Florida and Senegal, which is valuable for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level trade statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess Florida's export performance and Senegal's significance as a trade partner, which can inform decisions around trade agreements, market access, and commercial strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodological considerations of the U.S. Census Bureau, which may result in occasional update delays or scope limitations.
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Value of Exports to Senegal from Kentucky
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Citation
U.S. Federal Reserve, Value of Exports to Senegal from Florida (FLSENA052SCEN), retrieved from FRED.