Value of Exports to Benin from Nebraska

NEBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13,850.00

Year-over-Year Change

-91.24%

Date Range

1/1/2010 - 1/1/2016

Summary

The 'Value of Exports to Benin from Nebraska' measures the total value of goods and services exported from the U.S. state of Nebraska to the country of Benin. This economic indicator provides insights into trade flows and regional economic activity.

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 goods and intangible services that are produced in Nebraska and sold to buyers located in Benin. It is an important metric for understanding Nebraska's export economy and its integration with international markets.

Methodology

The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.

Historical Context

Policymakers and economists use this series to assess the health of Nebraska's export sector and its competitiveness in global trade.

Key Facts

  • Nebraska exported $X.XX million in goods to Benin last year.
  • Exports to Benin account for Y% of Nebraska's total international trade.
  • The top exported products from Nebraska to Benin are Z, A, and B.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the U.S. state of Nebraska to the country of Benin.

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

A: This indicator provides insights into Nebraska's export economy and its integration with international markets, which is valuable information for policymakers, businesses, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this series to assess the health of Nebraska's export sector and its competitiveness in global trade, which can inform decisions around trade policy, infrastructure investment, and economic development initiatives.

Q: Are there update delays or limitations?

A: There may be delays of several months in the release of this data, and the accuracy may be limited by the survey response rates of businesses in Nebraska.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Benin from Nebraska (NEBENA052SCEN), retrieved from FRED.