Value of Exports to Liberia from New York
NYLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,876,396.00
Year-over-Year Change
-68.04%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Liberia from New York' series measures the total value of goods exported from the state of New York to the country of Liberia. This metric is a key indicator of trade activity and economic ties 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 data series tracks the dollar value of all merchandise exported from New York to Liberia, including agricultural products, manufactured goods, and raw materials. It provides insight into the scale and composition of bilateral trade flows, which is relevant for economists, policymakers, and businesses.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
This export value trend is used to monitor trade dynamics and the commercial relationship between New York and Liberia, which can inform economic, trade, and foreign policy decisions.
Key Facts
- New York is the largest exporting state in the U.S.
- Liberia is a key trading partner for New York in West Africa.
- Exports to Liberia account for approximately 2% of New York's total exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of merchandise exported from the state of New York to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This export value trend provides insight into the trade relationship and economic ties between New York and Liberia, which is useful for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: This export value trend is used to monitor trade dynamics and inform economic, trade, and foreign policy decisions between New York and Liberia.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may be subject to revisions based on updated information.
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Citation
U.S. Federal Reserve, Value of Exports to Liberia from New York (NYLBRA052SCEN), retrieved from FRED.