Value of Exports to Guinea from Texas
TXGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,302,232.00
Year-over-Year Change
-85.32%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Texas' series measures the total dollar value of goods and services exported from the state of Texas to the country of Guinea. This metric provides insight into the economic relationship and trade flows 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
This series, published by the U.S. Federal Reserve, represents the monetary value of all products and services that originate in Texas and are sold to buyers in Guinea. It is a key indicator of the scale and trends in trade between the two economies.
Methodology
The data is collected through surveys of Texas-based businesses and compiled by the U.S. Census Bureau.
Historical Context
Analysts and policymakers use this series to monitor the health of Texas-Guinea trade relations and identify opportunities or challenges in the bilateral economic partnership.
Key Facts
- Texas is one of the largest exporting states in the U.S.
- Guinea is a developing economy in West Africa.
- Trade between Texas and Guinea has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from the state of Texas to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and direction of trade between the Texas and Guinean economies, which is useful for businesses, policymakers, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Texas-based businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to monitor the health of Texas-Guinea trade relations and identify opportunities or challenges in the bilateral economic partnership.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and have publication lags, as is common with economic statistics.
Related Trends
Use of Financial Services: Key Indicators, Deposit/customer Accounts with All Microfinance Institutions (MFIs) Per 1000 Adults for Guinea
GINFCAODMFANUM
Geographical Outreach: Number of Institutions, Other Financial Corporations, Insurance Corporations for Guinea
GINFCIOFINUM
Use of Financial Services: Number of Depositors which are Households at Credit Unions and Financial Cooperatives for Guinea
GINFCDODUHPENUM
Use of Financial Services: Number of Loan Accounts at Non-deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCNMFNNUM
Number of Identified Exporters to Guinea from Kansas
KSGINA475SCEN
Net Current Account Total for Guinea
GINBCABP6GDPPT
Citation
U.S. Federal Reserve, Value of Exports to Guinea from Texas (TXGINA052SCEN), retrieved from FRED.