Number of Identified Exporters to Namibia from Tennessee

TNNAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

150.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The Number of Identified Exporters to Namibia from Tennessee tracks the count of Tennessee businesses that export goods to the African nation of Namibia. This metric is useful for analyzing trade patterns and economic relationships between U.S. states and foreign 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 data series measures the number of unique exporting companies based in Tennessee that have reported shipments to Namibia. It provides insight into the scale and diversity of Tennessee's export activity, which is an important component of the state's economic performance.

Methodology

The data is collected through customs and international trade reporting.

Historical Context

Policymakers and economists use this metric to assess Tennessee's export competitiveness and integration with global markets.

Key Facts

  • Tennessee exported over $39 billion in goods in 2021.
  • Namibia imported $174 million in U.S. goods in 2020.
  • The number of Tennessee exporters to Namibia has doubled since 2015.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of unique Tennessee-based companies that have reported exporting goods to Namibia.

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

A: This metric provides insight into the depth and diversification of Tennessee's export relationships, which is an important component of the state's economic performance and global competitiveness.

Q: How is this data collected or calculated?

A: The data is collected through customs and international trade reporting by the U.S. government.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Tennessee's export competitiveness and integration with global markets, which informs trade, economic development, and investment strategies.

Q: Are there update delays or limitations?

A: There may be several months of lag in the reporting of this data due to the time required for customs processing and reporting.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Namibia from Tennessee (TNNAMA475SCEN), retrieved from FRED.