Value of Exports to Nauru from California

CANRUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

129,668.00

Year-over-Year Change

2.29%

Date Range

1/1/2002 - 1/1/2015

Summary

The 'Value of Exports to Nauru from California' measures the dollar value of goods and services exported from the U.S. state of California to the island nation of Nauru. This metric is useful for economists and policymakers to understand trade flows and economic relationships between 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 total value of merchandise and services exported from California to Nauru. It provides insight into the commercial activity and economic integration between these two geographic areas. Analysts use this information to evaluate trade patterns, supply chain dynamics, and the relative importance of specific trade partners.

Methodology

The data is collected through surveys of businesses and government agencies involved in exporting activities.

Historical Context

Policymakers and international trade experts monitor this metric to gauge the health of economic ties between California and Nauru.

Key Facts

  • California is the largest exporting state in the U.S.
  • Nauru is a small island country in Oceania with a population under 10,000.
  • Exports from California to Nauru account for less than 0.01% of the state's total export value.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the total dollar value of goods and services exported from the U.S. state of California to the island nation of Nauru.

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

A: This metric provides insight into the commercial relationship and trade flows between California and Nauru, which is useful for evaluating economic integration and supply chain dynamics.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses and government agencies involved in exporting activities.

Q: How is this trend used in economic policy?

A: Policymakers and international trade experts monitor this metric to gauge the health of economic ties between California and Nauru.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and potential limitations in coverage or sampling, as is common with international trade statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Nauru from California (CANRUA052SCEN), retrieved from FRED.