Value of Exports to Kiribati from New Jersey
NJKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
470,455.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
The 'Value of Exports to Kiribati from New Jersey' metric tracks the total value of goods and services exported from the U.S. state of New Jersey to the island nation of Kiribati. This measure provides insight into trade flows and economic linkages 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 series represents the monetary value of all products and services that are transported from New Jersey to Kiribati. It is an important indicator of the commercial relationship and economic integration between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts monitor this metric to understand patterns in bilateral trade and assess the economic impacts of policies affecting exports.
Key Facts
- Kiribati is a Pacific island nation located near the equator.
- New Jersey is a major exporting state in the northeastern United States.
- Exports from New Jersey to Kiribati have grown by 15% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of goods and services exported from the U.S. state of New Jersey to the island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This measure provides insights into trade flows and economic linkages between New Jersey and Kiribati, which is valuable for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to understand patterns in bilateral trade and assess the economic impacts of policies affecting exports.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-month lag, and may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from New Jersey (NJKIRA052SCEN), retrieved from FRED.