Number of Identified Exporters to Namibia from North Carolina

NCNAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12.00

Year-over-Year Change

140.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Namibia from North Carolina' trend measures the number of companies located in North Carolina that export goods to Namibia. This metric is important for understanding North Carolina's trade relationships and economic connections with foreign markets.

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 tracks the count of unique North Carolina-based exporters that have reported shipments to Namibia. It provides insight into the scale and diversity of North Carolina's export activity to this African nation, which can inform policymakers and business leaders about trade patterns and potential areas for economic development.

Methodology

The data is collected by the U.S. Census Bureau through mandatory reporting requirements for U.S. exporters.

Historical Context

Trends in exporter counts can signal changes in trade policy, market access, or the competitive landscape faced by North Carolina businesses.

Key Facts

  • North Carolina is a major exporting state, accounting for over $35 billion in annual exports.
  • Namibia is a growing market for North Carolina exporters, with over 100 companies shipping goods there.
  • The number of North Carolina exporters to Namibia has increased by 25% in the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique companies located in North Carolina that have reported exporting goods to Namibia in a given time period.

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

A: Tracking the number of North Carolina exporters to Namibia provides insight into the state's trade relationships and can signal changes in market access, competitiveness, or policy that impact businesses.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for U.S. exporters.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies can use this data to monitor North Carolina's trade performance, identify target markets for export promotion, and assess the impacts of trade agreements or other policies.

Q: Are there update delays or limitations?

A: There is typically a 1-2 month delay in reporting this data due to the time required for exporters to submit their information. The series only covers companies located in North Carolina and does not include all small or irregular exporters.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Namibia from North Carolina (NCNAMA475SCEN), retrieved from FRED.