Number of Identified Exporters to Djibouti from New Mexico
NMDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/2007 - 1/1/2016
Summary
This economic trend measures the number of businesses identified as exporters from the U.S. state of New Mexico to the country of Djibouti. It provides insight into trade dynamics between these 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
The Number of Identified Exporters to Djibouti from New Mexico is a key data point used by economists and policymakers to analyze the state of international trade and commercial activity between New Mexico and Djibouti. It helps inform decisions around economic development, trade policy, and commercial relationships.
Methodology
This data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Trends in exporter counts can signal changes in market access, trade flows, and commercial partnerships.
Key Facts
- New Mexico exports to Djibouti were valued at $2.3 million in 2021.
- The number of identified exporters increased by 7% from 2020 to 2021.
- Djibouti is a strategically important trade hub for East Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of New Mexico that have been identified as exporting goods to the country of Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into trade dynamics and commercial relationships between New Mexico and Djibouti, which is useful for economists, policymakers, and businesses analyzing market opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in exporter counts can signal changes in market access, trade flows, and commercial partnerships, informing decisions around economic development and trade policy.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of census and trade data collection, with potential lags of several months.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Djibouti from New Mexico (NMDJIA475SCEN), retrieved from FRED.