Value of Exports to Croatia from New Jersey
NJHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,395,113.00
Year-over-Year Change
-39.06%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Croatia from New Jersey' series measures the total value of goods and services exported from the U.S. state of New Jersey to the country of Croatia. This metric is important for understanding trade flows and economic ties 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 data series tracks the dollar value of all products and services that are exported from businesses located in New Jersey to customers and companies in Croatia. It provides insight into the commercial relationship and trade balance between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and economists use this series to analyze regional trade patterns and the impacts of factors like tariffs, exchange rates, and economic growth on international commerce.
Key Facts
- New Jersey is the 11th largest exporting state in the U.S.
- Croatia joined the European Union in 2013, impacting trade flows.
- Exports to Croatia make up less than 0.1% of New Jersey's total exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of goods and services exported from the U.S. state of New Jersey to the country of Croatia.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into the trade relationship and commercial ties between New Jersey and Croatia, which is useful for policymakers, businesses, and economists studying regional economic dynamics.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the data through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to understand how factors like tariffs, exchange rates, and economic growth impact trade flows between New Jersey and Croatia.
Q: Are there update delays or limitations?
A: There can be lags of several months in the reporting of this data due to the time required for collection and processing by statistical agencies.
Related Trends
Net Issues of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Croatia
IDSNFAMRINIHR
Non-Life Insurance Premium Volume to GDP for Croatia
DDDI10HRA156NWDB
Harmonized Index of Consumer Prices: Other Services N.e.c. for Croatia
CP1270HRM086NEST
Harmonized Index of Consumer Prices: Meat for Croatia
CP0112HRM086NEST
Use of Financial Services, Assets: Outstanding Loans at Other Deposit Takers for Croatia
HRVFCSODDXDC
People 15 Years and Over Borrowing from a Financial Institution in the Past Year for Croatia
DDAI07HRA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Croatia from New Jersey (NJHRVA052SCEN), retrieved from FRED.