Number of Identified Exporters to Ethiopia from New Jersey
NJETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
46.67%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ethiopia from New Jersey' metric tracks the count of businesses located in New Jersey that export goods to Ethiopia. This data provides insights into trade flows and commercial activity 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 economic series measures the number of unique exporters based in New Jersey that ship goods to Ethiopia. It offers a proxy for the scale and diversity of trade relationships between the state and this key African market.
Methodology
The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor trends in New Jersey's export sector and its evolving commercial ties with Ethiopia.
Key Facts
- New Jersey is a major U.S. exporting state.
- Ethiopia is a fast-growing African economy.
- Trade between NJ and Ethiopia has grown in recent years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in New Jersey that export goods to Ethiopia, providing insights into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: The data offers a proxy for the scale and diversity of trade relationships between New Jersey and Ethiopia, which is useful for policymakers and trade analysts monitoring evolving commercial ties.
Q: How is this data collected or calculated?
A: The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor trends in New Jersey's export sector and its evolving commercial ties with Ethiopia.
Q: Are there update delays or limitations?
A: The data may be subject to some reporting lags due to the nature of international trade statistics collection.
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ETHFMBGDPPT
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MKTGNIETA646NWDB
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Value of Exports to Ethiopia from New York
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from New Jersey (NJETHA475SCEN), retrieved from FRED.