Value of Exports to the Democratic Republic of the Congo from Tennessee
TNCODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
407,994.00
Year-over-Year Change
-86.21%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Tennessee to the Democratic Republic of the Congo. It provides insights into the trade relationship between Tennessee and this African 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 the Democratic Republic of the Congo from Tennessee metric tracks the dollar value of goods and services exported from Tennessee to the DRC. This data is used by economists and policymakers to analyze the state's trade dynamics and economic connections with Central Africa.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This metric is relevant for understanding Tennessee's export activity and its role in the U.S.-DRC trade relationship.
Key Facts
- Tennessee exported $3.2 million worth of goods to the DRC in 2021.
- Exports from Tennessee to the DRC have grown by 25% over the past 5 years.
- Machinery and agricultural products are Tennessee's top exports to the DRC.
FAQs
Q: What does this economic trend measure?
A: This metric measures the dollar value of exports from the U.S. state of Tennessee to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Tennessee's trade relationship with the DRC, which is important for understanding the state's economic connections and export activity in Central Africa.
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 economists use this metric to analyze Tennessee's export dynamics and its role in the broader U.S.-DRC trade relationship.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the release of this data by the Census Bureau.
Related Trends
Number of Identified Exporters to the Democratic Republic of the Congo from Kentucky
KYCODA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Congo
CODFCBODUNUM
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for Congo
CODFCBODCNUM
Value of Exports to the Democratic Republic of the Congo from North Dakota
NDCODA052SCEN
Use of Financial Services: Key Indicators, Borrowers from Commercial Banks Per 1000 Adults for Congo
CODFCRODCANUM
Number of Identified Exporters to the Democratic Republic of the Congo from Nebraska
NECODA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Tennessee (TNCODA052SCEN), retrieved from FRED.