Value of Exports to Benin from South Carolina
SCBENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,764,797.00
Year-over-Year Change
273.74%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Benin from South Carolina' trend measures the total value of goods and services exported from South Carolina to the West African nation of Benin. This data provides insights into the trade relationship between the U.S. state and a key international 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 economic indicator tracks the dollar value of products and services shipped from South Carolina to Benin, one of the state's trade partners in Africa. Analyzing export trends helps economists and policymakers assess the health of South Carolina's exporting industries and its commercial ties to foreign markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of South Carolina-based exporters.
Historical Context
Monitoring export flows is important for understanding broader economic conditions and informing trade policy decisions.
Key Facts
- South Carolina is a major exporting state in the U.S.
- Benin is located in West Africa and is a growing trade partner.
- Export data helps measure the competitiveness of state industries.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total dollar value of goods and services exported from the U.S. state of South Carolina to the country of Benin.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export flows is important for understanding broader economic conditions and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of South Carolina-based exporters.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess the health of South Carolina's exporting industries and its commercial ties to foreign markets like Benin.
Q: Are there update delays or limitations?
A: There may be some time lags in data reporting and availability from the Census Bureau.
Related Trends
Nominal Gross Capital Formation for Benin
BENNIGDPPT
Use of Financial Services, Liabilities: Outstanding Deposits at Non-deposit Taking Microfinance Institutions (MFIs) for Benin
BENFCLOFMFXDC
Constant GDP per capita for Benin
NYGDPPCAPKDBEN
Value of Exports to Benin from Colorado
COBENA052SCEN
Goods and Services: Debit for Benin
BENBMGSBP6GDPPT
Value of Exports to Benin from U.S. Virgin Islands
VIBENA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Benin from South Carolina (SCBENA052SCEN), retrieved from FRED.