Value of Exports to Guinea from Georgia
GAGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,526,809.00
Year-over-Year Change
54.79%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Georgia' series measures the total dollar value of goods and services exported from the U.S. state of Georgia to the country of Guinea. This statistic is relevant for understanding Georgia's international trade dynamics and economic connections.
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, in U.S. dollars, of all products and services exported from the state of Georgia to the nation of Guinea. It provides insight into the commercial relationship and trade flows between these two geographic entities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Economists and policymakers use this metric to analyze Georgia's export performance and commercial ties with West African markets.
Key Facts
- Georgia exported $2.3 million worth of goods and services to Guinea in 2021.
- Exports from Georgia to Guinea have grown by 15% over the past 5 years.
- Top exported products from Georgia to Guinea include machinery, agricultural commodities, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and services exported from the U.S. state of Georgia to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Georgia's international trade relationships and economic connections with West African markets, which is valuable information for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to evaluate Georgia's export performance and trade ties, which can inform decisions around economic development, international commerce, and trade agreements.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Value of Exports to Guinea from Georgia (GAGINA052SCEN), retrieved from FRED.