U.S. Imports of Goods by Customs Basis from Gambia
IMP7500 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.10
Year-over-Year Change
121.03%
Date Range
1/1/1992 - 6/1/2025
Summary
The U.S. Imports of Goods by Customs Basis from Gambia measures the value of goods imported from Gambia to the United States. This metric is important for economists and policymakers to understand trade flows and the dynamics of the U.S. import market.
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 series tracks the monetary value of physical goods imported to the U.S. from Gambia, excluding services. It provides insight into the trading relationship between the two countries and the role of Gambia in the U.S. import economy.
Methodology
The data is collected by the U.S. Census Bureau through a system of customs declarations and import documentation.
Historical Context
Trends in U.S. imports are closely monitored by economists, trade analysts, and policymakers to assess the state of the domestic and global economy.
Key Facts
- Imports from Gambia account for less than 0.1% of total U.S. goods imports.
- The U.S. has maintained a trade deficit with Gambia for over a decade.
- Imports from Gambia are dominated by agricultural products and raw materials.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monetary value of physical goods imported from Gambia to the United States, excluding services trade.
Q: Why is this trend relevant for users or analysts?
A: Monitoring U.S. import data from Gambia provides insights into the trading relationship between the two countries and the role of Gambia in the broader U.S. import economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through a system of customs declarations and import documentation.
Q: How is this trend used in economic policy?
A: Trends in U.S. imports are closely watched by economists, trade analysts, and policymakers to assess the state of the domestic and global economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, and may be subject to revisions as more complete information becomes available.
Related Trends
Nominal Gross National Saving for Gambia, The
GMBNGSGDPPT
Real Effective Exchange Rate as Based on Consumer Price Index for Gambia, The
GMBEREERIX
Number of Identified Exporters to Gambia from District of Columbia
DCGMBA475SCEN
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for the Republic of the Gambia
BARTERICMP25UPZSGMB
Number of Identified Exporters to Gambia from Oregon
ORGMBA475SCEN
Claims on Private Sector for Gambia, The
GMBFDSAOPPCPPPT
Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Gambia (IMP7500), retrieved from FRED.