Number of Identified Exporters to Somalia from Georgia
GASOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10.00
Year-over-Year Change
900.00%
Date Range
1/1/2005 - 1/1/2017
Summary
The 'Number of Identified Exporters to Somalia from Georgia' trend tracks the count of businesses located in the U.S. state of Georgia that export goods and services to Somalia. This data provides insights into economic ties and trade flows 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 measures the number of exporting firms from Georgia, a U.S. state, that sell products or services to Somalia. It serves as an indicator of the commercial relationship and integration between the two economies.
Methodology
The data is collected through surveys of U.S. businesses and compiled by government statistical agencies.
Historical Context
Policymakers and economists analyze this trend to understand patterns in international trade and regional economic development.
Key Facts
- Georgia exported $X.XX million in goods to Somalia in the latest year.
- The number of identified exporters from Georgia to Somalia has increased by Y% over the past 10 years.
- Somalia ranks Zth among export destinations for goods from the state of Georgia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Georgia that export goods or services to Somalia. It provides insights into trade flows and economic ties between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for policymakers, economists, and businesses to understand patterns in international trade and regional economic development between Georgia and Somalia.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by government statistical agencies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this trend to monitor trade relationships, identify growth opportunities, and inform decisions related to international commerce and regional economic development.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data, and the survey methodology may not capture all exporting firms.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Somalia from Georgia (GASOMA475SCEN), retrieved from FRED.