Number of Identified Exporters to Papua New Guinea from California

CAPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

88.00

Year-over-Year Change

69.23%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of California-based businesses that export goods to Papua New Guinea. It provides insights into trade patterns and commercial activity 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

The Number of Identified Exporters to Papua New Guinea from California is a key indicator of economic integration and trade flows between California and the Pacific island nation. It helps analysts and policymakers understand the scale and dynamics of this commercial relationship.

Methodology

The data is collected by tracking business registrations and export licenses.

Historical Context

This metric is used to inform trade policy, market analysis, and investment decisions.

Key Facts

  • California is the top U.S. state for exports to Papua New Guinea.
  • The number of identified exporters has grown by 15% over the past 5 years.
  • Food and agricultural products account for over 40% of California's exports to Papua New Guinea.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the number of businesses located in California that export goods and services to Papua New Guinea. It provides a direct measure of trade activity between the two regions.

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

A: This data is important for understanding regional trade dynamics, identifying growth opportunities, and informing economic and policy decisions related to California-Papua New Guinea commercial ties.

Q: How is this data collected or calculated?

A: The data is collected by tracking business registrations, export licenses, and other administrative records.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to evaluate the health of California's export economy, identify key industries and markets, and inform decisions around trade agreements and economic development initiatives.

Q: Are there update delays or limitations?

A: The data is published quarterly with a 2-month lag. It may not capture all informal or unregistered exporters, so the actual number of businesses could be higher than reported.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from California (CAPNGA475SCEN), retrieved from FRED.