Number of Identified Exporters to Nigeria from Georgia

GANGAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

589.00

Year-over-Year Change

356.59%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Nigeria from Georgia' measures the count of unique companies located in Georgia, United States that export goods to Nigeria. This metric provides insights into trade patterns and economic ties 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 series tracks the number of distinct exporters based in the U.S. state of Georgia that sell products to Nigeria. It offers a quantitative view of the scale and dynamics of this commercial relationship between the two economies.

Methodology

The data is collected through surveys and trade reporting by the U.S. Census Bureau.

Historical Context

Policymakers and analysts use this metric to evaluate Georgia's export performance and commercial integration with key African markets.

Key Facts

  • Georgia exported over $200 million in goods to Nigeria in 2021.
  • The number of identified Georgia exporters to Nigeria has grown by 25% since 2015.
  • Top export categories include machinery, agricultural products, and chemicals.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of unique companies located in the U.S. state of Georgia that export goods to Nigeria.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the scale and dynamics of the commercial relationship between Georgia and the Nigerian economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys and trade reporting by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate Georgia's export performance and commercial integration with key African markets.

Q: Are there update delays or limitations?

A: The data is subject to typical lags in trade reporting, with a 1-2 quarter delay in availability.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Nigeria from Georgia (GANGAA475SCEN), retrieved from FRED.