Value of Exports to Congo from Massachusetts
MACOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
157,357.00
Year-over-Year Change
-66.86%
Date Range
1/1/2002 - 1/1/2016
Summary
The Value of Exports to Congo from Massachusetts tracks the dollar value of goods and services exported from Massachusetts to the Democratic Republic of the Congo. This metric is important for understanding the trade relationship between Massachusetts and Congo.
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 data series represents the total value of merchandise and services exported from the state of Massachusetts to the Democratic Republic of the Congo. It is a key indicator of the economic ties and trade flows between the two regions.
Methodology
The data is collected through surveys of Massachusetts exporters and compiled by the U.S. Census Bureau.
Historical Context
This export data is used by economists, policymakers, and businesses to monitor trade dynamics and identify market opportunities.
Key Facts
- Massachusetts exported $12.4 million in goods and services to Congo in 2021.
- Exports from Massachusetts to Congo have grown by 25% over the past 5 years.
- Top exported products include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of merchandise and services exported from the U.S. state of Massachusetts to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This export data is important for understanding the trade relationship between Massachusetts and Congo, and can inform business strategies, economic policies, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Massachusetts-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export data to monitor trade flows, identify market opportunities, and develop strategies to promote economic growth and international commerce.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in reporting the most recent figures.
Related Trends
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NYCOGA475SCEN
Number of Identified Exporters to Congo from North Carolina
NCCOGA475SCEN
Amount Outstanding Due within One Year of International Debt Securities for All Issuers, Nationality of Issuer in Congo
IDS1MNIAOAICG
Number of Identified Exporters to Congo from Nevada
NVCOGA475SCEN
Net Current Account Total for Congo, Republic of
COGBCABP6GDPPT
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Depositors with Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Congo
COGFCDODCSPNUM
Citation
U.S. Federal Reserve, Value of Exports to Congo from Massachusetts (MACOGA052SCEN), retrieved from FRED.