Number of Identified Exporters to Djibouti from North Carolina
NCDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from North Carolina to Djibouti. It provides insight into the volume and dynamics of North Carolina's trade relationship with this key Horn of Africa 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
The Number of Identified Exporters to Djibouti from North Carolina metric tracks the count of unique North Carolina-based companies that have reported exporting to Djibouti. This data offers economists and policymakers a view into the export-driven commercial ties between the two regions.
Methodology
The data is collected through survey responses from North Carolina businesses as part of the U.S. Census Bureau's Exporter Database.
Historical Context
This trend is utilized by economists, trade analysts, and state development officials to monitor North Carolina's export performance and competitiveness in East African markets.
Key Facts
- North Carolina is a leading U.S. exporting state.
- Djibouti is a major logistics and trade hub in the Horn of Africa.
- Export diversification is a key economic development priority for North Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique North Carolina-based companies that have reported exporting goods to Djibouti, providing insight into the volume and dynamics of trade between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is valuable for economists, trade analysts, and policymakers seeking to understand North Carolina's export performance and competitiveness in East African markets like Djibouti.
Q: How is this data collected or calculated?
A: The data is collected through survey responses from North Carolina businesses as part of the U.S. Census Bureau's Exporter Database.
Q: How is this trend used in economic policy?
A: This trend is utilized by state development officials and trade promotion agencies to monitor and support North Carolina's export-driven economic growth strategies.
Q: Are there update delays or limitations?
A: As with any survey-based data, there may be lags in reporting and limited coverage of smaller exporters. Analysts should consider these potential limitations when interpreting the trend.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Djibouti from North Carolina (NCDJIA475SCEN), retrieved from FRED.