Value of Exports to Benin from Pennsylvania
PABENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,637,642.00
Year-over-Year Change
980.28%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Benin from Pennsylvania' trend tracks the dollar value of goods and services exported from Pennsylvania to the West African nation of Benin. This metric provides insights into the commercial relationship between the U.S. state and the foreign country.
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, published by the U.S. Census Bureau, represents the monetary value of all merchandise exported from Pennsylvania to Benin. It is part of a broader set of state-level export data that economists use to analyze regional trade patterns and the impacts of economic policies.
Methodology
The data is collected through surveying exporters and compiled into state-level estimates.
Historical Context
Policymakers and businesses can use this trend to understand Pennsylvania's trade position and identify opportunities for expanding commercial ties with Benin.
Key Facts
- Pennsylvania is a major exporting state in the U.S.
- Benin is a developing West African economy
- Trade with Benin accounts for a small fraction of Pennsylvania's total exports
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all goods and services exported from the U.S. state of Pennsylvania to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between Pennsylvania and Benin, which can inform economic development strategies and trade policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of exporters and compiled into state-level estimates by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use this trend to understand Pennsylvania's trade position and identify opportunities for expanding commercial ties with Benin.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the state-level estimates do not capture all cross-border trade flows.
Related Trends
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AKBENA475SCEN
Number of Identified Exporters to Benin from U.S. Virgin Islands
VIBENA475SCEN
Value of Exports to Benin from Massachusetts
MABENA052SCEN
Geographical Outreach: Number of Institutions, Other Financial Intermediaries, Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCIOFMFNNUM
Claims on Private Sector for Benin
BENFDSAOPGDPPT
Gross Portfolio Equity Assets to GDP for Benin
DDDM09BJA156NWDB
Citation
U.S. Census Bureau, Value of Exports to Benin from Pennsylvania (PABENA052SCEN), retrieved from USA Trade Online.