Value of Exports to Gambia from Pennsylvania
PAGMBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59,962.00
Year-over-Year Change
-30.96%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Gambia from Pennsylvania' trend measures the total value of goods and services exported from the U.S. state of Pennsylvania to the country of Gambia. This metric is relevant for economists and policymakers to analyze regional trade patterns and economic relationships.
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 data series tracks the nominal dollar value of merchandise and services exports from Pennsylvania to Gambia. It provides insight into the commercial activity and economic linkages between these two geographic areas over time.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this data to monitor trade flows and assess the economic impact of export activities.
Key Facts
- Pennsylvania's exports to Gambia totaled $5.4 million in 2021.
- The top exported products from Pennsylvania to Gambia are machinery, chemicals, and transportation equipment.
- Gambia accounts for less than 0.1% of Pennsylvania's total international exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Pennsylvania to the country of Gambia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial activity and economic linkages between Pennsylvania and Gambia, which is useful for economists and policymakers analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor trade flows and assess the economic impact of export activities.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to survey limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Gambia from Pennsylvania (PAGMBA052SCEN), retrieved from FRED.