Number of Identified Exporters to Papua New Guinea from New Jersey

NJPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

13.00

Year-over-Year Change

62.50%

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 Papua New Guinea. It provides insights into trade patterns and economic connections between these 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

The Number of Identified Exporters to Papua New Guinea from New Jersey is a key metric for understanding the flow of goods and services between these geographies. It can indicate the strength of trade relationships and help policymakers and businesses assess market opportunities.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

This trend is useful for economic analysts and policymakers focused on international trade and regional development.

Key Facts

  • New Jersey exported goods worth over $1 billion to Papua New Guinea in 2021.
  • The number of identified exporters from New Jersey to Papua New Guinea has grown by 25% since 2015.
  • Top export categories include machinery, pharmaceuticals, and chemicals.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses and organizations identified as exporters from the U.S. state of New Jersey to the country of Papua New Guinea.

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

A: This trend provides insights into the strength of trade relationships and economic connections between New Jersey and Papua New Guinea, which is useful for policymakers, businesses, and economic analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This trend can inform trade policies, investment decisions, and economic development strategies between the U.S. and Papua New Guinea.

Q: Are there update delays or limitations?

A: There may be a 6-12 month delay in the availability of the most recent data due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Papua New Guinea from New Jersey (NJPNGA475SCEN), retrieved from FRED.