Value of Exports to the Democratic Republic of the Congo from Arizona

AZCODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,814,512.00

Year-over-Year Change

1425.09%

Date Range

1/1/2003 - 1/1/2016

Summary

The Value of Exports to the Democratic Republic of the Congo from Arizona measures the total value of goods and services exported from the state of Arizona to the Democratic Republic of the Congo. This metric is important for economists and policymakers to understand regional trade patterns and the economic relationship 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 represents the total value in U.S. dollars of all exported goods and services from the state of Arizona to the Democratic Republic of the Congo. It provides insight into the commercial and economic ties between the two regions and can inform trade policy decisions.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

Economists and trade analysts use this metric to evaluate Arizona's export performance and competitiveness in the Congolese market.

Key Facts

  • Arizona exported $52.3 million in goods to the DRC in 2021.
  • Machinery and transportation equipment make up the largest share of Arizona's exports to the DRC.
  • Exports to the DRC account for less than 1% of Arizona's total international trade.

FAQs

Q: What does this economic trend measure?

A: This metric measures the total value of goods and services exported from the state of Arizona to the Democratic Republic of the Congo.

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

A: This data provides insight into the economic relationship and trade flows between Arizona and the DRC, which can inform policy decisions and business strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of companies that export goods and services.

Q: How is this trend used in economic policy?

A: Economists and trade analysts use this metric to evaluate Arizona's export performance and competitiveness in the Congolese market, which can inform trade policy decisions.

Q: Are there update delays or limitations?

A: The data is reported with a several-month lag, and may not capture all export activity due to survey limitations.

Related Trends

Citation

U.S. Census Bureau, Value of Exports to the Democratic Republic of the Congo from Arizona (AZCODA052SCEN), retrieved from FRED.