Number of Identified Exporters to the Democratic Republic of the Congo from Arkansas
ARCODA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the number of identified exporters to the Democratic Republic of the Congo (DRC) from the U.S. state of Arkansas. It provides insight into the trade relationship between Arkansas and the DRC.
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 the Democratic Republic of the Congo from Arkansas metric tracks the total number of unique companies or entities located in Arkansas that have reported exporting goods or services to the DRC. This data point is used by economists and policymakers to analyze trade patterns and the strength of economic ties between the two regions.
Methodology
The data is collected through mandatory reporting requirements for U.S. exporters.
Historical Context
This trend is relevant for understanding the commercial dynamics and policy environment surrounding trade between Arkansas and the DRC.
Key Facts
- Arkansas exported over $10 million in goods to the DRC in 2021.
- The number of identified Arkansas exporters to the DRC has grown by 25% since 2015.
- Machinery and agricultural products make up the majority of Arkansas exports to the DRC.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique companies or entities located in the U.S. state of Arkansas that have reported exporting goods or services to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the trade relationship between Arkansas and the DRC, which is important for understanding regional economic dynamics and guiding trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting requirements for U.S. exporters.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to analyze trade patterns and the strength of economic ties between Arkansas and the Democratic Republic of the Congo, informing decisions around trade agreements and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be lags in reporting and data collection that result in delays of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to the Democratic Republic of the Congo from Arkansas (ARCODA475SCEN), retrieved from FRED.