Number of Identified Exporters to Benin from South Carolina
SCBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26.00
Year-over-Year Change
2500.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Benin from South Carolina' measures the volume of export activity from South Carolina to the West African nation of Benin. This metric is important for understanding South Carolina's trade relationships and economic connections with global markets.
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 number of distinct companies or entities based in South Carolina that have reported exporting goods or services to Benin. It provides insight into the breadth and composition of South Carolina's exporter base serving the Beninese market.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Trends in exporter counts can inform policymakers and businesses about evolving trade patterns and opportunities.
Key Facts
- South Carolina is a major exporting state in the U.S.
- Benin is a growing market in West Africa.
- Exporter counts can signal economic ties and market access.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies or entities based in South Carolina that have reported exporting goods or services to Benin.
Q: Why is this trend relevant for users or analysts?
A: Trends in the number of identified exporters can provide insights into South Carolina's trade relationships and economic connections with global markets, particularly in the fast-growing West African region.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use this data to understand evolving trade patterns and identify opportunities for expanding economic ties between South Carolina and Benin.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and publication, and the data may not capture all exporting activity, particularly by smaller or informal businesses.
Related Trends
Number of Identified Exporters to Benin from Vermont
VTBENA475SCEN
Use of Financial Services, Mobile Banking: Value of Mobile Money Transactions (during the Reference Year) for Benin
BENFCMTVXDC
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Benin
BENFCBODUNUM
Value of Exports to Benin from Ohio
OHBENA052SCEN
Bank's Cost to Income Ratio for Benin
DDEI07BJA156NWDB
Number of Identified Exporters to Benin from New Mexico
NMBENA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from South Carolina (SCBENA475SCEN), retrieved from FRED.