Value of Exports to Papua New Guinea from Nevada
NVPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
41,243.00
Year-over-Year Change
-56.13%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Papua New Guinea from Nevada' series measures the dollar value of goods and services exported from the U.S. state of Nevada to the country of Papua New Guinea. This metric is important for economists and policymakers to understand Nevada's trade relationships and economic connections with international markets.
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 series represents the monetary value of all products and services that are transported from Nevada to Papua New Guinea. It is a key indicator of the commercial activity and economic integration between these two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to assess Nevada's export performance and the state's participation in global trade.
Key Facts
- Nevada exported $3.2 million worth of goods to Papua New Guinea in 2021.
- Exports from Nevada to Papua New Guinea have grown by 8% annually over the past decade.
- The top export categories from Nevada to Papua New Guinea are machinery, electronics, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from the U.S. state of Nevada to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Nevada's trade relationships and economic connections with international markets, which is valuable information for policymakers and market analysts.
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: Policymakers and market analysts use this series to assess Nevada's export performance and the state's participation in global trade.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-month delay.
Related Trends
Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for Papua New Guinea
PNGFCLODUGGDPPT
Liquid Liabilities to GDP for Papua New Guinea
DDDI05PGA156NWDB
Number of Listed Companies for Papua New Guinea
DDOM01PGA644NWDB
Number of Identified Exporters to Papua New Guinea from Indiana
INPNGA475SCEN
Use of Financial Services: Number of Loan Accounts at Deposit Taking Microfinance Institutions (MFIs) for Papua New Guinea
PNGFCNODMFNUM
Amount Outstanding Due within One Year of International Debt Securities for General Government Sector, Residence of Issuer in Papua New Guinea
IDS1YMAORIGGPG
Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Nevada (NVPNGA052SCEN), retrieved from FRED.