Number of Identified Exporters to Democratic People's Republic of Korea from Texas
TXPRKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2014
Summary
This economic trend measures the number of identified exporters to the Democratic People's Republic of Korea (DPRK) from the state of Texas. It provides insight into trade dynamics between Texas and one of the world's most isolated economies.
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 DPRK from Texas is an indicator used by economists and policymakers to analyze commercial relationships between the U.S. and the DPRK. It offers a snapshot of export activity from a major U.S. state to this highly restricted market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory exporter reporting.
Historical Context
This trend is closely monitored for its implications on U.S. sanctions policy and regional trade flows.
Key Facts
- Exporters to DPRK from Texas numbered 23 in the latest period.
- Exports to DPRK account for less than 0.1% of total Texas exports.
- The Number of Identified Exporters has declined by 35% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses or entities located in Texas that have reported exporting goods to the Democratic People's Republic of Korea (DPRK).
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into trade flows between a major U.S. state and one of the world's most sanctioned and isolated economies, which is of interest to economists, policymakers, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Q: How is this trend used in economic policy?
A: This trend is closely monitored by U.S. government agencies and international organizations to assess the impact and enforcement of economic sanctions on the DPRK.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag and may exclude certain exporters due to confidentiality restrictions.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Democratic People's Republic of Korea from Texas (TXPRKA475SCEN), retrieved from FRED.