U.S. Imports of Goods by Customs Basis from Guinea-Bissau
IMP7642 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.00
Year-over-Year Change
1338.46%
Date Range
1/1/1992 - 6/1/2025
Summary
The 'U.S. Imports of Goods by Customs Basis from Guinea-Bissau' metric tracks the value of physical goods imported into the United States from Guinea-Bissau. This data offers insights into the trade relationship 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 economic indicator measures the dollar value of merchandise imported into the U.S. from Guinea-Bissau on a customs basis. It reflects the demand for goods produced in Guinea-Bissau and can be used to assess the state of the commercial relationship between the two nations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of import transactions.
Historical Context
Policy analysts and economists use this metric to understand trade flows and the commercial integration of Guinea-Bissau with the broader U.S. economy.
Key Facts
- Guinea-Bissau is a small West African nation.
- U.S. imports from Guinea-Bissau make up a tiny fraction of total U.S. imports.
- This data series began in 1989.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of physical goods imported from Guinea-Bissau into the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data offers insights into the trade relationship between the U.S. and Guinea-Bissau, which can inform economic and policy analysis.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of import transactions.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to understand trade flows and the commercial integration of Guinea-Bissau with the broader U.S. economy.
Q: Are there update delays or limitations?
A: There may be delays in reporting this data due to the small trade volume between the U.S. and Guinea-Bissau.
Related Trends
Central Bank Assets to GDP for Guinea-Bissau
DDDI06GWA156NWDB
Population ages 65 and above for Guinea-Bissau
SPPOP65UPTOZSGNB
Bank's Cost to Income Ratio for Guinea-Bissau
DDEI07GWA156NWDB
Number of Identified Exporters to Guinea-Bissau from New Jersey
NJGNBA475SCEN
Ease of doing business index for Guinea-Bissau
ICBUSEASEXQGNB
Bank's Return on Assets for Guinea-Bissau
DDEI05GWA156NWDB
Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Guinea-Bissau (IMP7642), retrieved from FRED.