Value of Exports to Benin from North Carolina
NCBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,843,138.00
Year-over-Year Change
497.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Benin from North Carolina' trend measures the total dollar value of goods and services exported from the U.S. state of North Carolina to the West African country of Benin. This metric is important for understanding North Carolina's international trade patterns and Benin's economic ties with the United States.
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 economic series tracks the monetary value of products and services shipped from North Carolina to Benin. It reflects the scale and composition of North Carolina's exports to this key West African market, providing insights into the state's role in U.S. trade with Benin.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this export data to assess North Carolina's economic performance and trade relationships.
Key Facts
- North Carolina is a major U.S. exporting state.
- Benin is an important West African trading partner for the U.S.
- Exports can drive economic growth and job creation.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of North Carolina to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into North Carolina's international trade relationships and role in U.S. commerce with Benin, an important West African market.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export data to assess North Carolina's economic performance and trade dynamics.
Q: Are there update delays or limitations?
A: There may be some time lags in reporting this data due to the survey and collection process.
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Liquid Assets to Deposits and Short Term Funding for Benin
DDSI06BJA156NWDB
Use of Financial Services, Mobile Banking: Number of Mobile Money Transactions (during the Reference Year) for Benin
BENFCMTNUM
Use of Financial Services, Liabilities: Outstanding Deposits at Deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCLODMFXDC
Net Reserves by Months of Imported Goods and Services for Benin
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Citation
U.S. Federal Reserve, Value of Exports to Benin from North Carolina (NCBENA052SCEN), retrieved from FRED.