Number of Identified Exporters to Benin from New Jersey
NJBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
155.00
Year-over-Year Change
236.96%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters from the U.S. state of New Jersey to the country of Benin. This data is valuable for understanding patterns in international trade and the competitiveness of New Jersey businesses 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
The Number of Identified Exporters to Benin from New Jersey is a metric tracked by government agencies to monitor the international trade activity of businesses located in New Jersey. This indicator provides insights into the level of economic engagement between the state and the West African nation of Benin.
Methodology
The data is collected through surveys and administrative records of export transactions.
Historical Context
Policymakers and trade analysts use this information to assess the export potential of New Jersey and identify opportunities for promoting the state's products and services abroad.
Key Facts
- New Jersey is a major exporting state in the U.S.
- Benin is a developing country in West Africa
- Tracking exporters helps analyze trade patterns
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of New Jersey that have been identified as exporting goods or services to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the international trade activities of New Jersey businesses and can be used to assess the state's export competitiveness and identify potential growth opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records of export transactions.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this information to evaluate the export potential of New Jersey and develop strategies to promote the state's products and services in global markets.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric may not capture all exporting activity, as it relies on identified exporters.
Related Trends
Number of Identified Exporters to Benin from Montana
MTBENA475SCEN
Value of Exports to Benin from Connecticut
CTBENA052SCEN
Number of Identified Exporters to Benin from Arizona
AZBENA475SCEN
Value of Exports to Benin from California
CABENA052SCEN
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Benin
DDDI04BJA156NWDB
Infant Mortality Rate for Benin
SPDYNIMRTINBEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from New Jersey (NJBENA475SCEN), retrieved from FRED.