Number of Identified Exporters to Democratic People's Republic of Korea from Nevada
NVPRKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2002
Summary
This economic trend measures the number of businesses identified as exporting goods from the state of Nevada to the Democratic People's Republic of Korea (North Korea). It provides insight into Nevada's trade relationships and economic ties with this isolated foreign market.
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 Democratic People's Republic of Korea from Nevada metric tracks the count of Nevada-based companies that are officially recognized as exporting products or services to North Korea. This data point is useful for analyzing Nevada's trade patterns and the state's economic engagement with the DPRK.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter reporting.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses to monitor Nevada's commercial interactions with North Korea.
Key Facts
- Nevada is one of the few U.S. states that reports exporting to North Korea.
- The number of identified Nevada exporters to the DPRK has remained low in recent years.
- U.S. trade and financial sanctions significantly limit legal commercial activity with North Korea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Nevada that are officially recognized as exporting goods or services to the Democratic People's Republic of Korea (North Korea).
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into Nevada's trade relationships and economic ties with the isolated North Korean market, which is subject to extensive U.S. and international sanctions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for companies engaged in exporting activities.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers, trade analysts, and businesses to monitor Nevada's commercial interactions with North Korea, which are limited by comprehensive economic sanctions.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and publication due to the complex regulatory environment surrounding trade with North Korea.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Democratic People's Republic of Korea from Nevada (NVPRKA475SCEN), retrieved from FRED.