Value of Exports to Senegal from Nebraska
NESENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,014,938.00
Year-over-Year Change
415.75%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Value of Exports to Senegal from Nebraska' series measures the dollar value of goods exported from the state of Nebraska to the West African nation of Senegal. This economic indicator provides insight into trade patterns and commercial activity between the two regions.
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 total monetary value of merchandise and commodities exported from Nebraska to Senegal. The data is useful for analyzing trade dynamics, economic cooperation, and supply chain relationships between the U.S. state and the foreign market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
Policymakers and economists monitor this series to assess the health of Nebraska's export economy and its commercial ties with West Africa.
Key Facts
- Nebraska's exports to Senegal were valued at $2.3 million in 2021.
- Soybeans and corn are major Nebraska exports to Senegal.
- Senegal is Nebraska's 49th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and merchandise exported from the U.S. state of Nebraska to the country of Senegal.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into trade dynamics and commercial activity between Nebraska and the West African market of Senegal, which is useful for policymakers and economists assessing export-driven economic performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to evaluate the health of Nebraska's export economy and its commercial relationships with foreign markets like Senegal.
Q: Are there update delays or limitations?
A: The data may have a several month update delay due to the time required for collection and publication by the Census Bureau.
Related Trends
Gross Portfolio Equity Assets to GDP for Senegal
DDDM09SNA156NWDB
Number of Identified Exporters to Senegal from U.S. Virgin Islands
VISENA475SCEN
General Government Revenue for Senegal
SENGGRG01GDPPT
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Senegal
SENFCBODCNUM
Net Issues of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Senegal
IDSAMRINISN
Number of Bank Branches for Senegal
DDAI02SNA643NWDB
Citation
U.S. Federal Reserve, Value of Exports to Senegal from Nebraska (NESENA052SCEN), retrieved from FRED.