Value of Exports to Guinea-Bissau from Texas

TXGNBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

52,854.00

Year-over-Year Change

0.00%

Date Range

1/1/2015 - 1/1/2015

Summary

The 'Value of Exports to Guinea-Bissau from Texas' metric tracks the total value of goods and services exported from the state of Texas to the West African nation of Guinea-Bissau. This measure provides insights into trade patterns and economic relationships between the two regions.

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 trend represents the dollar value of all products and services exported from Texas, the second-largest state economy in the United States, to the small developing country of Guinea-Bissau. Analysts and policymakers use this data to understand trade flows, regional economic integration, and the commercial ties between the two geographic areas.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.

Historical Context

Trends in Texas-Guinea-Bissau trade are monitored by government agencies, trade organizations, and international economic institutions.

Key Facts

  • Texas is the second-largest exporting state in the U.S.
  • Guinea-Bissau is a small West African country with a population under 2 million.
  • Exports from Texas to Guinea-Bissau account for a tiny fraction of the state's total exports.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total dollar value of goods and services exported from the U.S. state of Texas to the country of Guinea-Bissau.

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

A: The data provides insights into trade patterns and economic relationships between Texas and Guinea-Bissau, which can be useful for policymakers, trade organizations, and businesses.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through surveys of exporting companies and customs records.

Q: How is this trend used in economic policy?

A: Trends in Texas-Guinea-Bissau trade are monitored by government agencies, trade organizations, and international economic institutions to understand regional economic integration and commercial ties.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and potential limitations in capturing all trade flows between the two regions.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Guinea-Bissau from Texas (TXGNBA052SCEN), retrieved from FRED.