U.S. Exports of Goods by F.A.S. Basis to Benin
EXP7610 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
30.70
Year-over-Year Change
99.68%
Date Range
1/1/1992 - 6/1/2025
Summary
The 'U.S. Exports of Goods by F.A.S. Basis to Benin' series measures the value of U.S. goods exported to Benin on a free alongside ship (F.A.S.) basis, providing insight into U.S. trade activity with this West African nation.
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 economic series tracks the total value of merchandise goods shipped from the United States to Benin, excluding costs like freight, insurance, and other charges incurred after goods leave the U.S. port. It offers a perspective on the commercial relationship between the two countries.
Methodology
The data is collected by the U.S. Census Bureau through customs records of U.S. exports.
Historical Context
This export trend is used by economists and policymakers to analyze U.S. trade flows and commercial engagement with Benin.
Key Facts
- U.S. exports to Benin totaled $178 million in 2021.
- Machinery and vehicles make up the largest export categories to Benin.
- Benin is the 91st largest export destination for U.S. goods.
FAQs
Q: What does this economic trend measure?
A: The 'U.S. Exports of Goods by F.A.S. Basis to Benin' series tracks the total value of merchandise goods shipped from the United States to Benin, excluding freight, insurance, and other charges.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the commercial relationship between the U.S. and Benin, and is used by economists and policymakers to analyze broader trade flows and economic engagement.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records of U.S. exports.
Q: How is this trend used in economic policy?
A: This export trend is used by economists and policymakers to evaluate U.S. trade activity and commercial engagement with Benin.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, with the most recent month's figures typically published 6-8 weeks after the end of the reference period.
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Citation
U.S. Federal Reserve, U.S. Exports of Goods by F.A.S. Basis to Benin (EXP7610), retrieved from FRED.