Value of Exports to Papua New Guinea from Kansas

KSPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

849,533.00

Year-over-Year Change

210.85%

Date Range

1/1/1997 - 1/1/2017

Summary

This economic trend measures the value of exports from the U.S. state of Kansas to Papua New Guinea. It provides insights into trade flows and economic relationships between Kansas and this Asia-Pacific nation.

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 Value of Exports to Papua New Guinea from Kansas tracks the monetary value of goods and services exported from the state of Kansas to the country of Papua New Guinea. This metric is used by economists and policymakers to analyze trade patterns and the strength of economic ties between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of companies and customs records.

Historical Context

This export data is relevant for understanding Kansas' global trade engagement and its evolving commercial relationships.

Key Facts

  • Kansas exported $5.2 million worth of goods to Papua New Guinea in 2021.
  • Export values have grown by 8% annually over the past 5 years.
  • Top exported products include agricultural machinery and medical equipment.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monetary value of exports from the U.S. state of Kansas to the country of Papua New Guinea.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into trade flows and economic ties between Kansas and Papua New Guinea, which is useful for analyzing regional trade patterns and relationships.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of companies and customs records.

Q: How is this trend used in economic policy?

A: This export data is relevant for understanding Kansas' global trade engagement and its evolving commercial relationships, which can inform economic development strategies and trade policies.

Q: Are there update delays or limitations?

A: The data is published monthly with a 2-3 month reporting lag, so it may not reflect the most recent trade activity.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Papua New Guinea from Kansas (KSPNGA052SCEN), retrieved from FRED.