Value of Exports to Cote d'Ivoire from New York
NYCIVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,255,268.00
Year-over-Year Change
61.38%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Cote d'Ivoire from New York' trend measures the dollar value of goods and services exported from the state of New York to the West African nation of Cote d'Ivoire. This metric is important for understanding trade flows and economic ties between the U.S. and Cote d'Ivoire.
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 total value of exports from New York to Cote d'Ivoire, a key trading partner for the state. Economists and policymakers analyze these figures to gauge the strength of commercial relationships and identify opportunities for increasing exports.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to inform decisions about trade agreements, tariffs, and export promotion programs.
Key Facts
- New York was the 2nd largest exporting state to Cote d'Ivoire in 2021.
- Exports to Cote d'Ivoire account for 2.5% of New York's total international exports.
- The top exported products from New York to Cote d'Ivoire are machinery, vehicles, and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of New York to the country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows and economic ties between the U.S. and Cote d'Ivoire, a key trading partner for the state of New York.
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 use this metric to inform decisions about trade agreements, tariffs, and export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month delay and may not capture all export activity due to limitations in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Cote d'Ivoire from New York (NYCIVA052SCEN), retrieved from FRED.