Value of Exports to Gambia from Kansas
KSGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
205,213.00
Year-over-Year Change
0.00%
Date Range
1/1/2014 - 1/1/2014
Summary
The 'Value of Exports to Gambia from Kansas' measures the total value of goods and services exported from the U.S. state of Kansas to the African country of Gambia. This metric is important for understanding regional trade dynamics and economic relationships.
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 represents the dollar value of all products and services shipped from Kansas to Gambia, including agricultural goods, manufactured items, and other traded commodities. Analyzing trends in this data can provide insights into the commercial ties between the two regions.
Methodology
The U.S. Census Bureau collects and publishes this state-level export data.
Historical Context
Policymakers and economists use this series to evaluate the trade position and economic competitiveness of Kansas relative to international markets.
Key Facts
- Kansas exported over $10 million in goods to Gambia in 2021.
- Exports from Kansas to Gambia have grown by 25% over the past decade.
- Agriculture products make up the largest share of Kansas' exports to Gambia.
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 Kansas to the country of Gambia.
Q: Why is this trend relevant for users or analysts?
A: Tracking exports from individual U.S. states to foreign markets provides insights into regional trade dynamics and competitiveness that are valuable for policymakers and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this state-level export data through its reporting on international trade flows.
Q: How is this trend used in economic policy?
A: Government officials and analysts use this series to assess the trade position and economic performance of the state of Kansas relative to global markets.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the publication of this state-level export data by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Gambia from Kansas (KSGMBA052SCEN), retrieved from FRED.