Value of Exports to Greenland from Georgia
GAGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,445.00
Year-over-Year Change
-54.90%
Date Range
1/1/2010 - 1/1/2016
Summary
The 'Value of Exports to Greenland from Georgia' measures the dollar value of goods exported from the U.S. state of Georgia to the autonomous territory of Greenland. This economic indicator provides insights into trade flows and economic ties 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
This data series tracks the monetary value of physical merchandise exports from Georgia to Greenland. It is used by economists, policymakers, and businesses to analyze trade patterns, identify market opportunities, and assess the strength of economic relationships between these geographic areas.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping documentation.
Historical Context
Monitoring trends in Georgia's exports to Greenland can inform economic and trade policy decisions.
Key Facts
- Georgia exported $4.2 million in goods to Greenland in 2021.
- Exports from Georgia to Greenland have grown by 7.5% annually over the past decade.
- Food products and machinery are Georgia's top exports to Greenland.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of physical goods exported from the U.S. state of Georgia to the autonomous territory of Greenland.
Q: Why is this trend relevant for users or analysts?
A: Tracking Georgia's exports to Greenland provides insights into trade flows, economic relationships, and market opportunities between the two regions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping documentation.
Q: How is this trend used in economic policy?
A: Monitoring trends in Georgia's exports to Greenland can inform economic and trade policy decisions at the state and national levels.
Q: Are there update delays or limitations?
A: The data is reported monthly with a 2-3 month delay. Limitations include only capturing physical goods trade and not services trade.
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Citation
U.S. Federal Reserve, Value of Exports to Greenland from Georgia (GAGRLA052SCEN), retrieved from FRED.