Value of Exports to Bangladesh from New Jersey
NJBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,823,849.00
Year-over-Year Change
3.37%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from New Jersey' metric tracks the total dollar value of goods and services exported from the U.S. state of New Jersey to the country of Bangladesh. This data provides insights into the trade relationship 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 economic indicator represents the monetary value of all products and services sent from New Jersey businesses to customers and clients in Bangladesh. It is an important measure of the strength of the export economy and trade flows between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this metric to assess the health of New Jersey's export sector and its engagement with the Bangladeshi market.
Key Facts
- New Jersey is the 11th largest exporting state in the U.S.
- Bangladesh is the 41st largest export market for the United States.
- Exports to Bangladesh account for less than 1% of New Jersey's total exports.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of goods and services exported from the U.S. state of New Jersey to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic linkages between New Jersey and Bangladesh, which is important for understanding regional export activity and trade flows.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health of New Jersey's export sector and its engagement with the Bangladeshi market.
Q: Are there update delays or limitations?
A: There may be some delay in data reporting, as the Census Bureau compiles information from various sources.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from New Jersey (NJBGDA052SCEN), retrieved from FRED.