Value of Exports to Nigeria from Nevada
NVNGAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,710,772.00
Year-over-Year Change
223.82%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Nigeria from Nevada' trend measures the dollar value of exports from the U.S. state of Nevada to the country of Nigeria. This data provides insight into trade flows and economic relationships between the 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
This metric represents the total value of goods and services exported from Nevada businesses to customers and partners in Nigeria. It is an important indicator of cross-border economic activity and trade dynamics between the U.S. and Nigeria.
Methodology
The data is collected and reported by the U.S. Census Bureau through its USA Trade Online platform.
Historical Context
This export data is closely monitored by trade analysts, economists, and policymakers to assess the health of bilateral trade relationships.
Key Facts
- Nevada's exports to Nigeria were valued at $XX million in the latest period.
- Nigeria is Nevada's Xth largest export destination globally.
- Exports from Nevada to Nigeria have grown by X% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the U.S. state of Nevada to the country of Nigeria.
Q: Why is this trend relevant for users or analysts?
A: This export data provides important insights into trade flows and economic relationships between Nevada and Nigeria, which is useful for trade analysts, economists, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its USA Trade Online platform.
Q: How is this trend used in economic policy?
A: This export data is closely monitored by trade analysts and policymakers to assess the health of bilateral trade relationships and inform economic policies.
Q: Are there update delays or limitations?
A: The data is published with a several month time lag, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Nigeria from Nevada (NVNGAA052SCEN), retrieved from FRED.