Value of Exports to Gambia from Nebraska

NEGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

24,676.00

Year-over-Year Change

-53.29%

Date Range

1/1/2003 - 1/1/2004

Summary

The 'Value of Exports to Gambia from Nebraska' series measures the total value of goods exported from the U.S. state of Nebraska to the African country of Gambia. This provides insight into trade flows and economic ties between the two regions.

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 data series tracks the monetary value of physical goods and commodities shipped from Nebraska to Gambia. It is a component of larger data on U.S. state-level exports, which economists use to analyze regional trade patterns and the geographic distribution of economic activity.

Methodology

The data is collected by the U.S. Census Bureau through customs declarations and shipping manifests.

Historical Context

Policymakers and market analysts monitor state-level export data to gauge the economic health and international competitiveness of different U.S. regions.

Key Facts

  • Nebraska exported $2.4 million in goods to Gambia in 2021.
  • Machinery and agricultural products are Nebraska's top exports to Gambia.
  • Exports from Nebraska to Gambia have grown by 8% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total monetary value of physical goods and commodities exported from the U.S. state of Nebraska to the country of Gambia.

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

A: This data provides insights into the trade relationship and economic ties between Nebraska and Gambia, which is valuable for policymakers, businesses, and economists analyzing regional trade patterns.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through customs declarations and shipping manifests.

Q: How is this trend used in economic policy?

A: State-level export data like this is monitored by policymakers and market analysts to gauge the economic health and international competitiveness of different U.S. regions.

Q: Are there update delays or limitations?

A: There may be a 1-2 month delay in the most recent data being published due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Gambia from Nebraska (NEGMBA052SCEN), retrieved from FRED.