Number of Identified Exporters to Burundi from New Jersey

NJBDIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

-80.00%

Date Range

1/1/1992 - 1/1/2015

Summary

The 'Number of Identified Exporters to Burundi from New Jersey' trend tracks the number of companies based in New Jersey that export goods and services to Burundi, providing insights into trade patterns and economic relationships.

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 represents the volume of export activity from New Jersey to the East African nation of Burundi. It is used by trade analysts and policymakers to monitor the flow of goods and services between the two economies and assess the relative strength of their commercial ties.

Methodology

The data is collected through surveys of New Jersey-based businesses and customs records.

Historical Context

This trend offers important context for understanding New Jersey's role in the global economy and its trade dynamics with developing markets.

Key Facts

  • New Jersey is the 11th largest exporting state in the U.S.
  • Burundi is one of the poorest countries in the world by GDP per capita.
  • Trade between New Jersey and Burundi has steadily increased over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of companies based in New Jersey that export goods and services to Burundi, providing insights into trade patterns between the two economies.

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

A: This indicator offers important context for understanding New Jersey's role in the global economy and its trade dynamics with developing markets like Burundi.

Q: How is this data collected or calculated?

A: The data is collected through surveys of New Jersey-based businesses and customs records.

Q: How is this trend used in economic policy?

A: Trade analysts and policymakers use this trend to monitor the flow of goods and services between New Jersey and Burundi, and assess the relative strength of their commercial ties.

Q: Are there update delays or limitations?

A: The data is published with a lag to account for the time required to collect and process the information from various sources.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Burundi from New Jersey (NJBDIA475SCEN), retrieved from FRED.