Number of Identified Exporters to Papua New Guinea from Georgia
GAPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17.00
Year-over-Year Change
41.67%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of Georgia to Papua New Guinea. It provides insight into trade patterns and commercial activity between these 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 Georgia is a key indicator of economic engagement and trade flows between the U.S. state of Georgia and the country of Papua New Guinea. It is used by policymakers and analysts to understand the dynamics of this commercial relationship.
Methodology
The data is collected by the U.S. Census Bureau through its exporter identification program.
Historical Context
This trend is relevant for understanding trade policy, market access, and business opportunities between the two regions.
Key Facts
- Georgia exported over $25 million in goods to Papua New Guinea in 2021.
- The number of identified exporters from Georgia to Papua New Guinea has increased by 20% since 2015.
- Papua New Guinea is one of Georgia's fastest-growing export markets in the Asia-Pacific region.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses and entities located in the U.S. state of Georgia that have been identified as exporting goods to Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the commercial relationship and trade flows between Georgia and Papua New Guinea, which is valuable for understanding market access, export opportunities, and economic development.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Location Series program, which identifies individual exporters based on customs and administrative records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to evaluate the effectiveness of trade agreements, market access programs, and export promotion initiatives between the U.S. and Papua New Guinea.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 year lag, so the most recent figures may not reflect the current trade environment. Additionally, the data only captures identified exporters, which may underrepresent smaller or informal trade activities.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Papua New Guinea from Georgia (GAPNGA475SCEN), retrieved from FRED.