Value of Exports to Guinea-Bissau from New Jersey
NJGNBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
443,229.00
Year-over-Year Change
773.36%
Date Range
1/1/2009 - 1/1/2013
Summary
The 'Value of Exports to Guinea-Bissau from New Jersey' trend measures the total value of goods and services exported from the U.S. state of New Jersey to the West African nation of Guinea-Bissau. This metric is important for economists and policymakers to assess trade flows and economic relationships 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 tracks the total nominal dollar value of merchandise exported from the state of New Jersey to Guinea-Bissau on a monthly basis. It is a key indicator of the commercial activity and trade ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
The trend is used by trade analysts, businesses, and government agencies to monitor the health of bilateral trade relationships.
Key Facts
- New Jersey is a major U.S. exporting state.
- Guinea-Bissau is a small West African nation.
- Trade between the two regions has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of New Jersey to the country of Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows and economic relationships between New Jersey and Guinea-Bissau.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: The trend is used by trade analysts, businesses, and government agencies to monitor the health of bilateral trade relationships.
Q: Are there update delays or limitations?
A: The data is published monthly with a short time lag.
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Citation
U.S. Federal Reserve, Value of Exports to Guinea-Bissau from New Jersey (NJGNBA052SCEN), retrieved from FRED.