U.S. Imports of Goods by Customs Basis from Georgia
IMP4633 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.85
Year-over-Year Change
205.96%
Date Range
1/1/1992 - 6/1/2025
Summary
The U.S. Imports of Goods by Customs Basis from Georgia measures the value of imports of goods from the country of Georgia to the United States. This trend is important for understanding trade dynamics and commercial relationships between the two countries.
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 total dollar value of physical goods imported into the U.S. from Georgia, such as agricultural products, machinery, and consumer items. The data is useful for policymakers and analysts examining the bilateral trade balance and commercial ties between the U.S. and Georgia.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and import documentation.
Historical Context
Economists and trade experts monitor this series to assess the state of U.S.-Georgia commercial relations and the flow of goods between the two economies.
Key Facts
- Imports from Georgia account for less than 0.1% of total U.S. goods imports.
- U.S. imports from Georgia have increased by 50% over the past decade.
- Top imported goods from Georgia include wine, nuts, and metals.
FAQs
Q: What does this economic trend measure?
A: This series tracks the value of physical goods imported from the country of Georgia into the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding trade dynamics and the commercial relationship between the U.S. and Georgia.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and import documentation.
Q: How is this trend used in economic policy?
A: Economists and trade experts monitor this series to assess the state of U.S.-Georgia commercial relations and the flow of goods between the two economies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Stock Market Capitalization to GDP for Georgia
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Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Georgia
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Use of Financial Services Borrowers: Households Borrowing from Commercial Banks for Georgia
GEOFCRODCHPENUM
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Georgia (IMP4633), retrieved from FRED.