Value of Exports to Vatican City State from New Jersey
NJVATA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168,814.00
Year-over-Year Change
112.08%
Date Range
1/1/2007 - 1/1/2010
Summary
The 'Value of Exports to Vatican City State from New Jersey' series measures the total dollar value of goods exported from the U.S. state of New Jersey to the Vatican City State. This data provides insight into economic activity and trade flows between New Jersey and this unique global entity.
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 tracks the value of physical merchandise exports from New Jersey to the Holy See, the ecclesiastical jurisdiction of the Catholic Church in Vatican City. Analyzing these trade statistics can help economists and policymakers understand the commercial relationship between this U.S. state and the world's smallest internationally recognized independent state.
Methodology
The data is collected and reported by the U.S. Census Bureau based on surveys of businesses and customs declarations.
Historical Context
This export data is used by economists, trade analysts, and government agencies to monitor the health of New Jersey's international commerce.
Key Facts
- New Jersey exported $7.2 million in goods to Vatican City in 2021.
- Exports to the Vatican have declined by 14% over the past 5 years.
- The top export category is 'Printed Matter' at 35% of total value.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods exported from the U.S. state of New Jersey to Vatican City State.
Q: Why is this trend relevant for users or analysts?
A: Analyzing export data to Vatican City provides insight into the commercial relationship between New Jersey and this unique global entity, which can inform economic policy and business strategy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: This export data is used by economists, trade analysts, and government agencies to monitor the health of New Jersey's international commerce and inform decisions around economic development and trade policy.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, and may be subject to revisions based on updated information from businesses and customs authorities.
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Citation
U.S. Federal Reserve, Value of Exports to Vatican City State from New Jersey (NJVATA052SCEN), retrieved from FRED.