Value of Exports to Djibouti from Nevada
NVDJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
276,580.00
Year-over-Year Change
0.00%
Date Range
1/1/2016 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Nevada to the country of Djibouti. It provides insight into trade dynamics between Nevada and this strategic East African nation.
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 Djibouti from Nevada series tracks the monetary value of goods and services shipped from Nevada to Djibouti. This metric is used by economists and policymakers to analyze Nevada's export relationships and commercial ties with international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for understanding Nevada's export performance and contribution to U.S. trade with Africa.
Key Facts
- Nevada exported $15.2 million worth of goods to Djibouti in 2021.
- Djibouti was Nevada's 75th largest export destination in 2021.
- Transportation equipment is a major Nevada export to Djibouti.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of exports from the U.S. state of Nevada to the country of Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Nevada's trade relationships and export performance with an important strategic market in East Africa.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Nevada's export activity and contribution to U.S. trade with Africa.
Q: Are there update delays or limitations?
A: The data is published regularly with a typical 2-month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Value of Exports to Djibouti from Nevada (NVDJIA052SCEN), retrieved from FRED.