Value of Exports to Gambia from North Carolina
NCGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,093,082.00
Year-over-Year Change
376.16%
Date Range
1/1/2008 - 1/1/2017
Summary
The 'Value of Exports to Gambia from North Carolina' series measures the total value of goods exported from North Carolina to the West African country of Gambia. This metric is important for economists and policymakers to track regional trade dynamics and commercial 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
This series represents the dollar value of physical merchandise and commodities shipped from North Carolina to Gambia over a given time period. It provides insight into the scale and direction of international trade flows originating from this U.S. state.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Trends in this series are analyzed by trade experts, economic development officials, and market analysts to assess North Carolina's export performance and competitiveness.
Key Facts
- North Carolina is a major exporting state in the U.S.
- Gambia is a small West African country with a population of over 2 million.
- Exports to Gambia account for a small but meaningful portion of North Carolina's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods and commodities exported from the U.S. state of North Carolina to the country of Gambia over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Tracking trends in North Carolina's exports to Gambia provides insights into the state's international trade relationships and competitiveness in African markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Economists, trade experts, and economic development officials analyze this series to assess North Carolina's export performance and guide policies supporting the state's international competitiveness.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for collection and publication by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Gambia from North Carolina (NCGMBA052SCEN), retrieved from FRED.