Value of Exports to Congo from New York
NYCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
821,168.00
Year-over-Year Change
-83.94%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Congo from New York' measures the dollar value of goods exported from the state of New York to the Democratic Republic of the Congo. This metric is useful for understanding trade flows and economic relationships between 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 tracks the dollar value of physical merchandise exported from the state of New York to the Congo. It provides insight into the scale and composition of bilateral trade between these economic partners. Analysts use this data to assess the strength of commercial ties and identify changes in trade patterns over time.
Methodology
The U.S. Census Bureau collects this data through mandatory reporting of all international shipments.
Historical Context
Policymakers and economists monitor this series to gauge the health of U.S. export industries and the broader trade relationship with African markets.
Key Facts
- New York is the top U.S. exporting state to Congo.
- Exports to Congo account for less than 1% of total New York exports.
- The value of exports peaked in 2018 at $47 million.
FAQs
Q: What does this economic trend measure?
A: This series tracks the dollar value of physical merchandise exported from the state of New York to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and composition of bilateral trade between New York and Congo, which is useful for assessing the strength of commercial ties and identifying changes in trade patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through mandatory reporting of all international shipments.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this series to gauge the health of U.S. export industries and the broader trade relationship with African markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks.
Related Trends
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COGFCRODCANUM
Outstanding Total International Debt Securities to GDP for Congo
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Number of Identified Exporters to Congo from Louisiana
LACOGA475SCEN
Number of Identified Exporters to Congo from Idaho
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Internet users for the Republic of the Congo
ITNETUSERP2COG
Net Lending (+) / Net Borrowing (-) (balance from Financial Account) as Direct Investment for Congo, Republic of
COGBFDBP6GDPPT
Citation
U.S. Federal Reserve, Value of Exports to Congo from New York (NYCOGA052SCEN), retrieved from FRED.