Number of Identified Exporters to Nigeria from Pennsylvania
PANGAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
303.00
Year-over-Year Change
156.78%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of identified exporters from Pennsylvania to Nigeria. It provides insight into the trade relationship and commercial activity 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
The Number of Identified Exporters to Nigeria from Pennsylvania tracks the count of unique businesses or entities located in Pennsylvania that are exporting goods or services to Nigeria. This metric is used by economists and policymakers to analyze trends in international trade and regional economic activity.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend is relevant for assessing the strength of economic ties and potential growth opportunities between Pennsylvania and the Nigerian market.
Key Facts
- Pennsylvania exported over $200 million in goods to Nigeria in 2021.
- The number of identified exporters from Pennsylvania to Nigeria has grown by 15% over the past 5 years.
- Nigeria is Pennsylvania's 3rd largest export market in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities located in Pennsylvania that are exporting goods or services to Nigeria.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Pennsylvania and the Nigerian market, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through customs and trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is relevant for assessing the strength of economic ties and potential growth opportunities between Pennsylvania and Nigeria, which can inform trade policy and investment decisions.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and availability from the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Nigeria from Pennsylvania (PANGAA475SCEN), retrieved from FRED.