Value of Exports to Mauritania from New Jersey
NJMRTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,571,617.00
Year-over-Year Change
141.20%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Mauritania from New Jersey' measures the total dollar value of goods exported from the U.S. state of New Jersey to the African country of Mauritania. This metric is important for economists and policymakers to understand regional trade patterns and the competitiveness of local industries.
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 data series tracks the nominal dollar value of physical goods shipped from New Jersey to Mauritania, including agricultural products, machinery, and manufactured items. Analyzing export trends can provide insights into the strength of trade relationships and economic integration between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and shipping manifests.
Historical Context
Policymakers use this series to monitor the impact of trade agreements, tariffs, and other economic policies on regional export activity.
Key Facts
- New Jersey is the 11th largest exporting state in the U.S.
- Mauritania is located in Northwest Africa and has a population of over 4.5 million.
- Exports from New Jersey to Mauritania have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods exported from the U.S. state of New Jersey to the country of Mauritania.
Q: Why is this trend relevant for users or analysts?
A: Analyzing export trends between regions provides insights into trade relationships, economic integration, and the competitiveness of local industries.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers use this series to monitor the impact of trade agreements, tariffs, and other economic policies on regional export activity.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in publishing the latest data due to the time required for collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Mauritania from New Jersey (NJMRTA052SCEN), retrieved from FRED.