Value of Exports to the Democratic Republic of the Congo from South Carolina

SCCODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

434,873.00

Year-over-Year Change

10.38%

Date Range

1/1/2008 - 1/1/2015

Summary

The 'Value of Exports to the Democratic Republic of the Congo from South Carolina' series measures the dollar value of goods and services exported from the U.S. state of South Carolina to the Democratic Republic of the Congo. This metric is important for economists and policymakers to understand South Carolina's trade dynamics and commercial relationships.

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 represents the monetary value of products and services that originate in South Carolina and are sold to customers or organizations in the Democratic Republic of the Congo. It provides insight into the trade flow and economic interconnections between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through customs declarations and other administrative sources.

Historical Context

This export value data can inform trade policy decisions and business strategies related to the South Carolina-Congo commercial corridor.

Key Facts

  • South Carolina is a major U.S. exporting state.
  • The Democratic Republic of the Congo is a key African trading partner.
  • Exports support jobs and economic growth in both regions.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and services exported from the U.S. state of South Carolina to the Democratic Republic of the Congo.

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

A: This data provides important insights into the trade relationship and commercial ties between South Carolina and the Democratic Republic of the Congo, which can inform economic and policy decisions.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through customs declarations and other administrative sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts can use this export value data to assess trade dynamics, develop commercial strategies, and inform decisions related to the South Carolina-Congo economic corridor.

Q: Are there update delays or limitations?

A: The data is subject to the typical update schedule and limitations of U.S. Census Bureau trade statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from South Carolina (SCCODA052SCEN), retrieved from FRED.