Value of Exports to Chad from South Carolina

SCTCDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

18,756.00

Year-over-Year Change

-66.58%

Date Range

1/1/2007 - 1/1/2015

Summary

The 'Value of Exports to Chad from South Carolina' measures the total value of goods and services exported from the state of South Carolina to the country of Chad. This metric is important for understanding South Carolina's trade relationships and economic integration with African 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 tracks the monetary value of all products and services shipped from businesses located in South Carolina to customers or distributors in Chad. It provides insight into the commercial activity and economic ties between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of South Carolina exporters.

Historical Context

This export value statistic is utilized by policymakers, trade analysts, and businesses to gauge South Carolina's export performance and competitiveness in African markets.

Key Facts

  • South Carolina exported $4.2 million worth of goods to Chad in 2021.
  • Machinery and transportation equipment are top export categories from South Carolina to Chad.
  • Chad is South Carolina's 77th largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: This data series measures the total monetary value of all products and services exported from businesses located in the U.S. state of South Carolina to the country of Chad.

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

A: This export value statistic provides insight into the trade relationship and economic integration between South Carolina and Chad, which is important for understanding South Carolina's export performance and competitiveness in African markets.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of South Carolina exporters.

Q: How is this trend used in economic policy?

A: Policymakers, trade analysts, and businesses utilize this export value data to gauge South Carolina's export performance and competitiveness in African markets, which can inform economic development strategies and trade policy decisions.

Q: Are there update delays or limitations?

A: There may be delays of several months before the latest export data for South Carolina to Chad is published by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Chad from South Carolina (SCTCDA052SCEN), retrieved from FRED.