Value of Exports to Bosnia and Herzegovina from New York
NYBIHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
419,546.00
Year-over-Year Change
-50.68%
Date Range
1/1/1997 - 1/1/2017
Summary
The Value of Exports to Bosnia and Herzegovina from New York tracks the dollar value of goods and services exported from the state of New York to Bosnia and Herzegovina. This metric 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 series measures the nominal dollar value of merchandise exports from the state of New York to Bosnia and Herzegovina. It is a key indicator of the trade activity and commercial ties between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Policymakers and analysts use this metric to evaluate the health of New York's export sector and monitor its evolving trade patterns.
Key Facts
- New York is a major U.S. exporting state.
- Bosnia and Herzegovina is an emerging market economy in Europe.
- Exports support jobs and economic growth in both regions.
FAQs
Q: What does this economic trend measure?
A: This series tracks the dollar value of goods and services exported from the state of New York to Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trade flows and the economic relationship between New York and Bosnia and Herzegovina.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate the health of New York's export sector and monitor its evolving trade patterns.
Q: Are there update delays or limitations?
A: The data is subject to revision and may have a lag of several months between the reference period and publication.
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Citation
U.S. Federal Reserve, Value of Exports to Bosnia and Herzegovina from New York (NYBIHA052SCEN), retrieved from FRED.