Value of Exports to Cote d'Ivoire from Nevada
NVCIVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
39,160.00
Year-over-Year Change
-27.42%
Date Range
1/1/2011 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Nevada to the West African nation of Cote d'Ivoire. Understanding trade flows between states and foreign countries is important for economists and policymakers.
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 Value of Exports to Cote d'Ivoire from Nevada represents the dollar value of goods and services exported from Nevada to the Ivorian market. This provides insight into the trade relationship and economic ties between the state and the country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Tracking state-level exports is useful for assessing regional economic performance and guiding trade policies.
Key Facts
- Nevada exported over $4 million in goods to Cote d'Ivoire in 2021.
- Machinery and aircraft were top export categories from Nevada to Cote d'Ivoire.
- Cote d'Ivoire is Nevada's 92nd largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Nevada to the country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides insights into regional trade dynamics and economic relationships between individual U.S. states and foreign markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory surveys of businesses engaged in exporting activities.
Q: How is this trend used in economic policy?
A: State-level export data helps inform trade and economic development policies, as well as guide investment decisions by businesses and policymakers.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month delay in publishing this state-level export data due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Cote d'Ivoire from Nevada (NVCIVA052SCEN), retrieved from FRED.