Number of Identified Exporters to Nigeria from Kansas
KSNGAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
42.00
Year-over-Year Change
75.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Nigeria from Kansas' tracks the count of businesses in Kansas that export goods and services to Nigeria. This metric provides insight into the trade relationship between the state and an important global market.
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 exporters located in Kansas that ship products or services to Nigeria. It offers a gauge of the economic connections and commercial activity between the state and the Nigerian market, which is a key trading partner for many U.S. businesses.
Methodology
The data is collected through business surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and economic development agencies use this metric to assess trends in trade and guide strategies for supporting Kansas exporters.
Key Facts
- Kansas exported over $250 million in goods to Nigeria in 2021.
- The number of identified Kansas exporters to Nigeria has grown by 12% over the past 5 years.
- Nigeria is Kansas' 4th largest export destination in Africa.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Kansas that export products or services to Nigeria, a key trading partner for the state.
Q: Why is this trend relevant for users or analysts?
A: The number of identified exporters provides insight into the strength of trade ties between Kansas and Nigeria, informing economic development strategies and policy decisions.
Q: How is this data collected or calculated?
A: The data is gathered through business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economic development agencies use this metric to assess trade patterns and guide programs supporting Kansas-based exporters.
Q: Are there update delays or limitations?
A: The data is published quarterly with a lag of approximately 3 months.
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Lerner Index in Banking Market for Nigeria
DDOI04NGA066NWDB
Value of Exports to Nigeria from New York
NYNGAA052SCEN
Bank's Return on Assets for Nigeria
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nigeria from Kansas (KSNGAA475SCEN), retrieved from FRED.