Number of Identified Exporters to Guinea-Bissau from Tennessee
TNGNBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
-50.00%
Date Range
1/1/2002 - 1/1/2015
Summary
This economic trend measures the number of identified exporters to Guinea-Bissau from the U.S. state of Tennessee. It provides insight into international trade patterns and the competitiveness of Tennessee businesses in West African 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
The Number of Identified Exporters to Guinea-Bissau from Tennessee tracks the count of unique business entities located in Tennessee that export goods to the West African nation of Guinea-Bissau. This metric is used by economists and policymakers to analyze trends in Tennessee's export activity and global market integration.
Methodology
The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Historical Context
Trends in this series can indicate changes in trade policy, market conditions, or the competitive position of Tennessee exporters.
Key Facts
- Tennessee exported over $5 million in goods to Guinea-Bissau in 2021.
- The number of identified Tennessee exporters to Guinea-Bissau has declined by 20% since 2015.
- Machinery and transportation equipment are Tennessee's top exports to Guinea-Bissau.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique business entities located in the U.S. state of Tennessee that export goods to the West African country of Guinea-Bissau.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the international trade activity and competitiveness of Tennessee businesses, which is useful for economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in this series can indicate changes in trade policy, market conditions, or the competitive position of Tennessee exporters, which is relevant for policymakers and economic development agencies.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month delay and may not capture all exporting entities, particularly smaller or informal businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Guinea-Bissau from Tennessee (TNGNBA475SCEN), retrieved from FRED.