Value of Exports to Mozambique from Pennsylvania

PAMOZA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,564,292.00

Year-over-Year Change

1439.56%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Mozambique from Pennsylvania' metric tracks the dollar value of goods and services exported from the U.S. state of Pennsylvania to the African country of Mozambique. This provides insight into Pennsylvania's trade relationship with Mozambique and the state's broader economic ties with the global 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

This series measures the total value, in U.S. dollars, of all merchandise and services exported from Pennsylvania to Mozambique in a given time period. It is an important indicator of Pennsylvania's export activity and economic integration with the Mozambican market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.

Historical Context

Policymakers and analysts use this metric to evaluate Pennsylvania's trade performance and economic competitiveness in a key African market.

Key Facts

  • Pennsylvania exported over $15 million in goods and services to Mozambique in 2021.
  • Mozambique is Pennsylvania's 93rd-largest export destination globally.
  • Exports to Mozambique account for less than 0.1% of Pennsylvania's total global exports.

FAQs

Q: What does this economic trend measure?

A: This metric measures the total value, in U.S. dollars, of all merchandise and services exported from the U.S. state of Pennsylvania to the country of Mozambique in a given time period.

Q: Why is this trend relevant for users or analysts?

A: This trend provides insight into Pennsylvania's trade relationship and economic integration with the Mozambican market, which is important for evaluating the state's export performance and global competitiveness.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate Pennsylvania's trade activity and economic ties with the Mozambican market, which can inform decisions around economic development, trade policy, and export promotion programs.

Q: Are there update delays or limitations?

A: There may be lags of several months in the reporting of this data due to the time required for collection and processing by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Mozambique from Pennsylvania (PAMOZA052SCEN), retrieved from FRED.