Value of Exports to Cote d'Ivoire from South Carolina

SCCIVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

8,989,837.00

Year-over-Year Change

496.79%

Date Range

1/1/2002 - 1/1/2017

Summary

The 'Value of Exports to Cote d'Ivoire from South Carolina' metric tracks the total dollar value of goods and services exported from South Carolina to the West African nation of Cote d'Ivoire. This data point is relevant for economists and trade analysts to understand regional trade dynamics and South Carolina's economic connections to global 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 measures the export value from the U.S. state of South Carolina to Cote d'Ivoire, a key trading partner for many American states. The data can provide insights into regional trade patterns, supply chain linkages, and the relative importance of this export market for South Carolina's economy.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Historical Context

Policymakers and trade organizations use this metric to assess the health of South Carolina's international trade relationships and identify opportunities for economic growth.

Key Facts

  • South Carolina exported $72.5 million worth of goods to Cote d'Ivoire in 2021.
  • Cote d'Ivoire was South Carolina's 46th largest export market in 2021.
  • The top exports from South Carolina to Cote d'Ivoire include machinery, transportation equipment, and chemical products.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total monetary value of goods and services exported from the U.S. state of South Carolina to the country of Cote d'Ivoire.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into South Carolina's trade relationships and economic connections with global markets, which is important for policymakers, businesses, and trade 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 declarations.

Q: How is this trend used in economic policy?

A: Policymakers and trade organizations use this metric to assess the health of South Carolina's international trade relationships and identify opportunities for economic growth.

Q: Are there update delays or limitations?

A: The data is subject to update delays and may not capture all trade activity due to the complexities of international commerce.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Cote d'Ivoire from South Carolina (SCCIVA052SCEN), retrieved from FRED.