Number of Identified Exporters to Djibouti from North Dakota
NDDJIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2005 - 1/1/2016
Summary
This data series tracks the number of identified exporters to Djibouti from the U.S. state of North Dakota. It provides insights into trade flows and economic connections between North Dakota and this strategically important East African nation.
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
The Number of Identified Exporters to Djibouti from North Dakota data series is a key metric for analyzing trade dynamics and economic relationships between the U.S. state of North Dakota and the East African country of Djibouti. This data can help inform policy decisions and commercial strategies related to international commerce.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this data to understand North Dakota's export markets and guide trade, investment, and economic development initiatives.
Key Facts
- North Dakota exported $2.3 million in goods to Djibouti in 2021.
- The number of identified exporters from North Dakota to Djibouti has increased by 15% over the past 5 years.
- Djibouti is a strategically important logistics and transportation hub for East Africa.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of identified exporters from the U.S. state of North Dakota to the country of Djibouti in East Africa.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade flows and economic connections between North Dakota and Djibouti, which can inform policy decisions and commercial strategies related to international commerce.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this data to understand North Dakota's export markets and guide trade, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedule and potential limitations of U.S. Census Bureau surveys and administrative records.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Djibouti from North Dakota (NDDJIA475SCEN), retrieved from FRED.