Number of Identified Exporters to Rwanda from New Jersey
NJRWAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Rwanda from New Jersey' is an economic indicator that tracks the count of businesses located in New Jersey that export goods to Rwanda. This metric 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 series measures the number of unique exporting entities based in New Jersey that ship products to the Rwandan market. It serves as a proxy for the level of commercial engagement and economic ties between the state of New Jersey and the East African nation of Rwanda.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to monitor trends in regional export dynamics and bilateral trade relationships.
Key Facts
- New Jersey is a major exporting state in the U.S.
- Rwanda is an emerging market in East Africa.
- Tracking exporter counts can signal changes in trade patterns.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in New Jersey that export goods to the country of Rwanda.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade flows between New Jersey and Rwanda, which is useful for policymakers and economists monitoring regional economic dynamics.
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 declaration records.
Q: How is this trend used in economic policy?
A: Governments and trade organizations can use this indicator to assess the strength of bilateral economic ties and inform policies that impact regional export activity.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for businesses to submit information and for the Census Bureau to compile the statistics.
Related Trends
Use of Financial Services Deposit Accounts: Accounts at Other Depository Corporations for Rwanda
RWAFCAODNUM
Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Rwanda
RWAFCLOFINPXDC
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Rwanda
RWAFCIODDNUM
Use of Financial Services: Key Indicators, Outstanding Loans from Credit Unions and Financial Cooperatives for Rwanda
RWAFCSODUGGDPPT
Use of Financial Services: Number of Deposit Accounts at Deposit Taking Microfinance Institutions (MFIs) for Rwanda
RWAFCAODMFNUM
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Rwanda
RWAFCNODCANUM
Citation
U.S. Federal Reserve, Number of Identified Exporters to Rwanda from New Jersey (NJRWAA475SCEN), retrieved from FRED.