U.S. Imports of Goods by Customs Basis from Republic of Congo
IMP7630 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.77
Year-over-Year Change
323.48%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the United States from the Republic of Congo on a customs basis. It provides insights into trade flows and the economic relationship between the two countries.
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 U.S. Imports of Goods by Customs Basis from the Republic of Congo trend tracks the monetary value of physical goods shipped from the Republic of Congo to the United States. This metric is used by economists and policymakers to analyze trade patterns and the commercial ties between the two nations.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs documentation.
Historical Context
This economic indicator is relevant for assessing the state of U.S.-Congo trade and can inform trade policy decisions.
Key Facts
- The U.S. is a major trading partner for the Republic of Congo.
- Imports from Congo make up a small fraction of total U.S. imports.
- Trade between the U.S. and Congo has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of physical goods imported into the United States from the Republic of Congo on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship between the U.S. and Congo, which is relevant for economic and policy analysis.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs documentation.
Q: How is this trend used in economic policy?
A: This indicator can inform trade policy decisions and assessments of the commercial ties between the U.S. and Congo.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodologies of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Republic of Congo (IMP7630), retrieved from FRED.