Value of Exports to Papua New Guinea from Oregon
ORPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,319,907.00
Year-over-Year Change
5401.75%
Date Range
1/1/1992 - 1/1/2015
Summary
This economic trend measures the value of exports from the U.S. state of Oregon to Papua New Guinea. It provides insights into Oregon's trade relationship and economic ties with this Pacific island 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 Papua New Guinea from Oregon tracks the dollar value of goods and services exported from Oregon to Papua New Guinea. This data series is useful for analyzing Oregon's export performance and understanding its role in the U.S.-Papua New Guinea trade dynamic.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this trend to assess Oregon's export competitiveness and identify growth opportunities in the Papua New Guinea market.
Key Facts
- Oregon exported over $10 million worth of goods to Papua New Guinea in 2021.
- The top exported products from Oregon to Papua New Guinea include machinery, aircraft, and agricultural products.
- Papua New Guinea is a fast-growing economy and an important trade partner for the U.S. Pacific Northwest region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Oregon to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Oregon's trade relationship and economic ties with Papua New Guinea, which is an important market for U.S. exports in the Pacific region.
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 trade analysts use this trend to assess Oregon's export competitiveness and identify growth opportunities in the Papua New Guinea market.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but may be subject to some delay in reporting compared to real-time trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Oregon (ORPNGA052SCEN), retrieved from FRED.