Value of Exports to Cote d'Ivoire from North Carolina
NCCIVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,151,796.00
Year-over-Year Change
-90.01%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Cote d'Ivoire from North Carolina' trend measures the dollar value of goods and services exported from the U.S. state of North Carolina to the West African nation of Cote d'Ivoire. This metric is important for understanding North Carolina's trade relationships and economic connections with international markets.
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 total value of exports, including both goods and services, originating from the state of North Carolina and destined for Cote d'Ivoire. It provides insight into the scale and composition of North Carolina's export activity with this African trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Historical Context
Policymakers and businesses use this metric to assess North Carolina's trade performance and economic integration with the Ivorian market.
Key Facts
- North Carolina is a leading U.S. exporting state.
- Cote d'Ivoire is a growing economy in West Africa.
- Exports contribute significantly to North Carolina's GDP.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of North Carolina to the country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into North Carolina's trade relationship and economic integration with the Ivorian market, which is relevant for policymakers, businesses, and economists studying regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess North Carolina's trade performance and economic connections with the Ivorian market, which can inform trade policies and business strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication, as the Census Bureau compiles state-level export statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Cote d'Ivoire from North Carolina (NCCIVA052SCEN), retrieved from FRED.