Number of Identified Exporters to Democratic People's Republic of Korea from New York
NYPRKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2002 - 1/1/2016
Summary
This economic trend tracks the number of identified exporters to the Democratic People's Republic of Korea (DPRK) from the state of New York. It provides insights into trade relationships and economic engagement between the U.S. and the DPRK.
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 New York series measures the count of unique companies or entities located in New York that have reported exporting goods or services to the DPRK. This metric is used by economists and policymakers to analyze trends in bilateral trade and commercial activity.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting requirements for exporters.
Historical Context
This trend is relevant for assessing the impact of economic sanctions, trade policy, and geopolitical factors on U.S.-DPRK commercial relations.
Key Facts
- The series began in 1995.
- The highest number of identified exporters was recorded in 2001.
- Export activity to the DPRK from New York has declined significantly since the 2000s.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies or entities located in the state of New York that have reported exporting goods or services to the Democratic People's Republic of Korea (DPRK).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into bilateral trade and commercial activity between the U.S. and the DPRK, which is relevant for economists and policymakers assessing the impact of economic sanctions, trade policy, and geopolitical factors.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for exporters.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trends in U.S.-DPRK commercial relations and the impact of economic sanctions and trade policy on bilateral trade activity.
Q: Are there update delays or limitations?
A: There may be update delays due to the time required for data collection and processing by the Census Bureau. Additionally, the data may not capture all exporting activity due to potential non-compliance with reporting requirements.
Related Trends
Infant Mortality Rate for the Democratic People's Republic of Korea
SPDYNIMRTINPRK
Number of Identified Exporters to Democratic People's Republic of Korea from South Carolina
SCPRKA475SCEN
Number of Identified Exporters to Democratic People's Republic of Korea from Washington
WAPRKA475SCEN
Number of Identified Exporters to Democratic People's Republic of Korea from Texas
TXPRKA475SCEN
Number of Identified Exporters to Democratic People's Republic of Korea from Florida
FLPRKA475SCEN
Literacy Rate, Adult Total for the Democratic People's Republic of Korea
SEADTLITRZSPRK
Citation
U.S. Federal Reserve, Number of Identified Exporters to Democratic People's Republic of Korea from New York (NYPRKA475SCEN), retrieved from FRED.