Value of Exports to Nigeria from New Hampshire
NHNGAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
852,629.00
Year-over-Year Change
687.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Nigeria from New Hampshire' economic trend tracks the total value of goods exported from the U.S. state of New Hampshire to Nigeria. This metric is useful for analyzing trade patterns and economic relationships between 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 series represents the dollar value of all products and commodities exported from the state of New Hampshire to the country of Nigeria. Economists and policymakers use this data to understand trade flows, identify growth opportunities, and assess the impact of economic policies on international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Tracking state-level exports is important for assessing regional economic conditions and the effects of trade agreements or tariffs.
Key Facts
- New Hampshire exported over $15 million in goods to Nigeria in 2021.
- Machinery and transportation equipment are major export categories.
- Nigeria is New Hampshire's 40th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total dollar value of all goods and products exported from the U.S. state of New Hampshire to the country of Nigeria.
Q: Why is this trend relevant for users or analysts?
A: This data helps economists and policymakers understand trade patterns, identify growth opportunities, and assess the impact of economic policies on international commerce.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Tracking state-level exports is important for assessing regional economic conditions and the effects of trade agreements or tariffs.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, so it may not reflect the most current trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Nigeria from New Hampshire (NHNGAA052SCEN), retrieved from FRED.