Number of Identified Exporters to Somalia from California
CASOMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters to Somalia from the state of California. Understanding trade patterns and exporter activity is crucial for policymakers and economists assessing economic conditions and international commerce.
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 Somalia from California tracks the count of unique businesses based in California that have reported exporting goods to Somalia. This metric provides insight into the scale and dynamics of California's trade relationship with Somalia.
Methodology
The data is collected through surveys of U.S. businesses and compiled by government statistical agencies.
Historical Context
This trend is used by trade analysts and policymakers to monitor the health of California's export economy and commercial ties with the Horn of Africa region.
Key Facts
- California is the largest exporting state in the U.S.
- Somalia is a minor trade partner for California compared to other African nations.
- Exporter numbers have declined since the mid-2010s due to economic and political factors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in California that have reported exporting goods to Somalia.
Q: Why is this trend relevant for users or analysts?
A: Understanding exporter activity provides insight into California's trade relationship with Somalia, which is important for policymakers and economists assessing the state's export economy.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by government statistical agencies.
Q: How is this trend used in economic policy?
A: This trend is used by trade analysts and policymakers to monitor the health of California's export economy and commercial ties with the Horn of Africa region.
Q: Are there update delays or limitations?
A: There may be delays in reporting and some limitations in capturing all exporter activity due to the survey-based data collection.
Related Trends
Number of Identified Exporters to Somalia from Maryland
MDSOMA475SCEN
Number of Identified Exporters to Somalia from Arizona
AZSOMA475SCEN
Value of Exports to Somalia from Texas
TXSOMA052SCEN
Number of Identified Exporters to Somalia from Washington
WASOMA475SCEN
Number of Identified Exporters to Somalia from North Carolina
NCSOMA475SCEN
Net migration for Somalia
SMPOPNETMSOM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Somalia from California (CASOMA475SCEN), retrieved from FRED.