Number of Identified Exporters to Congo from North Carolina

NCCOGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

7.00

Year-over-Year Change

250.00%

Date Range

1/1/1997 - 1/1/2016

Summary

This economic trend tracks the number of identified exporters to the Democratic Republic of the Congo from the U.S. state of North Carolina. It provides insights into North Carolina's international trade and economic relationships.

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 Number of Identified Exporters to Congo from North Carolina series measures the quantity of businesses based in North Carolina that export goods and services to the Democratic Republic of the Congo. This metric offers a window into the commercial ties between the two regions.

Methodology

The data is collected through surveys and administrative records on international trade and export activity.

Historical Context

This trend is useful for analyzing North Carolina's export-oriented industries and its economic integration with African markets.

Key Facts

  • North Carolina had 475 identified exporters to Congo in 2021.
  • Export activity supports over 1 million jobs in North Carolina.
  • The Democratic Republic of the Congo is North Carolina's 31st largest export market.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses based in North Carolina that export goods and services to the Democratic Republic of the Congo.

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

A: This trend provides insight into North Carolina's international trade relationships and export-oriented industries, which are important drivers of economic growth and development.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records on international trade and export activity.

Q: How is this trend used in economic policy?

A: This trend can inform policymakers and economists about North Carolina's economic integration with African markets and guide decisions related to trade, investment, and export promotion initiatives.

Q: Are there update delays or limitations?

A: The data may have a lag of several months due to the time required for collecting and processing the information on international trade flows.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Congo from North Carolina (NCCONGA475SCEN), retrieved from FRED.