Value of Exports to Panama from North Carolina

NCPANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

68,500,425.00

Year-over-Year Change

238.10%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Panama from North Carolina' trend measures the dollar value of goods exported from North Carolina to Panama. This metric is important for understanding North Carolina's trade relationships and competitiveness in global 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 economic indicator tracks the total value of physical goods shipped from North Carolina to Panama, a key trading partner. It provides insight into the state's export performance and the strength of its commercial ties with the Panamanian economy.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.

Historical Context

Policymakers and market analysts use this trend to assess North Carolina's export activity and its role in the broader U.S.-Panama trade relationship.

Key Facts

  • North Carolina is one of the top exporting states in the U.S.
  • Panama is the 23rd largest export destination for North Carolina goods.
  • Exports to Panama account for about 1% of North Carolina's total exports.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of physical goods exported from the state of North Carolina to the country of Panama.

Q: Why is this trend relevant for users or analysts?

A: The value of exports from North Carolina to Panama provides insight into the state's trade performance and commercial relationship with this important trading partner.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this trend to assess North Carolina's export activity and its role in the broader U.S.-Panama trade relationship.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of several weeks, so there may be some delay in the most recent figures.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Panama from North Carolina (NCPANA052SCEN), retrieved from FRED.