U.S. Imports of Goods by Customs Basis from Democratic Republic of the Congo
IMP7660 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
397.36
Year-over-Year Change
2701.74%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of U.S. imports of goods from the Democratic Republic of the Congo, providing insight into trade dynamics and the strength of economic ties 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
The U.S. Imports of Goods by Customs Basis from Democratic Republic of the Congo series tracks the total value of physical goods imported from the DRC to the United States. It is a key metric for analyzing the commercial relationship and trade flows between the two nations.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and other trade reporting processes.
Historical Context
This trend is used by economists, policymakers, and market analysts to assess the state of U.S.-DRC trade and its broader economic implications.
Key Facts
- The U.S. is one of the DRC's largest trading partners.
- Imports from the DRC account for a small fraction of total U.S. imports.
- Trade between the two countries has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods imported from the Democratic Republic of the Congo to the United States on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the trade relationship and economic ties between the U.S. and the DRC, which is relevant for assessing bilateral commerce, investment, and diplomatic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs declarations and other trade reporting mechanisms.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate the state of U.S.-DRC trade, informing decisions on tariffs, trade agreements, and other policies that impact commercial relations between the two countries.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of a few weeks, so it may not reflect the most up-to-date trade activity. Additionally, the series only covers imports and does not include exports or other trade flows.
Related Trends
Value of Exports to the Democratic Republic of the Congo from California
CACODA052SCEN
Value of Exports to the Democratic Republic of the Congo from North Carolina
NCCODA052SCEN
Number of Identified Exporters to the Democratic Republic of the Congo from Ohio
OHCODA475SCEN
Use of Financial Services: Key Indicators, Outstanding Loans from All Microfinance Institutions (MFIs) for Congo
CODFCSODMFGGDPPT
Value of Exports to the Democratic Republic of the Congo from Utah
UTCODA052SCEN
Use of Financial Services, Mobile Banking: Registered Number of Mobile Money Accounts for Congo
CODFCMARNUM
Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Democratic Republic of the Congo (IMP7660), retrieved from FRED.