Value of Exports to Guinea from North Carolina
NCGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,468,130.00
Year-over-Year Change
18063.82%
Date Range
1/1/1997 - 1/1/2014
Summary
The Value of Exports to Guinea from North Carolina measures the total value of goods and services exported from North Carolina to Guinea. This metric is important for understanding North Carolina's trade relationships and economic ties with African 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 dollar value of all merchandise exported from North Carolina to Guinea, a West African country. The data is collected by the U.S. Census Bureau and provides insights into the commercial activity between the two regions.
Methodology
The data is compiled from survey responses and administrative sources by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this metric to analyze North Carolina's export performance and Guinea's role in the state's international trade.
Key Facts
- North Carolina exported $2.3 million in goods to Guinea in 2021.
- Exports to Guinea account for less than 0.1% of North Carolina's total international trade.
- Top exported products include machinery, agricultural goods, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from the U.S. state of North Carolina to the country of Guinea in West Africa.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into North Carolina's trade relationships and economic ties with African markets, which is valuable information for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau from survey responses and administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to analyze North Carolina's export performance and Guinea's role in the state's international trade.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all trade activity between North Carolina and Guinea.
Related Trends
Geographical Outreach: Key Indicators Commercial Bank Branches Per 100,000 Adults for Guinea
GINFCBODCANUM
Number of Identified Exporters to Guinea from District of Columbia
DCGINA475SCEN
Number of Identified Exporters to Guinea from Virginia
VAGINA475SCEN
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCBODMFLNUM
Number of Identified Exporters to Guinea from West Virginia
WVGINA475SCEN
Geographical Outreach, Mobile Banking: Active Number of Agent Outlets for Guinea
GINFCMOANUM
Citation
U.S. Federal Reserve, Value of Exports to Guinea from North Carolina (NCGINA052SCEN), retrieved from FRED.