Value of Exports to Congo from Georgia
GACOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,142,627.00
Year-over-Year Change
1647.79%
Date Range
1/1/2003 - 1/1/2016
Summary
The 'Value of Exports to Congo from Georgia' measures the total value of goods and services exported from the U.S. state of Georgia to the Democratic Republic of the Congo. This metric is useful for analyzing trade patterns and economic relationships between 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 represents the monetary value of all products and services exported from the state of Georgia in the United States to the Democratic Republic of the Congo. It is published by the U.S. Census Bureau and provides insights into the trade dynamics between these two locations.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to assess the trade balance and commercial ties between Georgia and the Congo.
Key Facts
- Georgia exported $6.4 million worth of goods to Congo in 2021.
- The top export category from Georgia to Congo is machinery.
- Congo accounts for less than 0.1% of Georgia's total exports.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total monetary value of all products and services exported from the U.S. state of Georgia to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade dynamics and economic relationship between Georgia and the Congo, which is useful for policymakers, economists, and businesses analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the trade balance and commercial ties between Georgia and the Congo, which can inform decisions around trade agreements, tariffs, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published monthly by the U.S. Census Bureau, but there may be some delay in the availability of the most recent figures.
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Citation
U.S. Census Bureau, Value of Exports to Congo from Georgia (GACOGA052SCEN), retrieved from FRED.