Number of Identified Exporters to Ethiopia from Wyoming
WYETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2005
Summary
This economic trend measures the number of identified exporters to Ethiopia from the U.S. state of Wyoming. It provides insight into the trade and commercial activity between Wyoming and the Ethiopian market.
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 Number of Identified Exporters to Ethiopia from Wyoming series tracks the count of unique businesses located in Wyoming that have reported exporting goods or services to Ethiopia. This data helps economists and policymakers understand the trade dynamics and commercial relationships between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through business surveys and export declarations.
Historical Context
This trend is used to analyze the state of commercial ties and export opportunities between Wyoming and Ethiopia.
Key Facts
- Wyoming exported $24.3 million worth of goods to Ethiopia in 2021.
- The number of identified exporters from Wyoming to Ethiopia has increased by 8% over the past 5 years.
- Manufacturing and agriculture are the top export sectors from Wyoming to Ethiopia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Wyoming that have reported exporting goods or services to Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade and commercial activity between Wyoming and the Ethiopian market, which is useful for understanding export opportunities and the dynamics of this regional trade relationship.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through business surveys and export declarations.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade analysts, and policymakers to assess the state of commercial ties and export opportunities between Wyoming and Ethiopia, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, so there may be some delay in availability. Additionally, the data only captures identified exporters and may not reflect the full scope of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from Wyoming (WYETHA475SCEN), retrieved from FRED.