Number of Identified Exporters to the Democratic Republic of the Congo from New Mexico
NMCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend tracks the number of identified exporters to the Democratic Republic of the Congo (DRC) from the U.S. state of New Mexico. It provides insights into the trade dynamics between New Mexico and the DRC.
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
The Number of Identified Exporters to the Democratic Republic of the Congo from New Mexico series measures the total count of businesses and individuals based in New Mexico who are exporting goods or services to the DRC. This data is used by economists and policymakers to analyze trade patterns and the economic relationship between the two regions.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for understanding New Mexico's export profile and its economic ties with the DRC.
Key Facts
- New Mexico exported $X.XX million in goods to the DRC in the latest year.
- The number of identified exporters from New Mexico to the DRC has increased/decreased by X% over the past 5 years.
- The top exported products from New Mexico to the DRC are [product 1], [product 2], and [product 3].
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses and individuals based in the U.S. state of New Mexico that are exporting goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade dynamics between New Mexico and the DRC, which is useful for economists, policymakers, and businesses to analyze export patterns and the economic relationship between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to understand New Mexico's export profile and its economic ties with the Democratic Republic of the Congo, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data, and the data may not capture all exporters if reporting is incomplete.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from New Mexico (NMCODA475SCEN), retrieved from FRED.