Number of Identified Exporters to Nigeria from Washington
WANGAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
80.00
Year-over-Year Change
110.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Nigeria from Washington' series tracks the count of businesses located in the state of Washington that are exporting goods and services to Nigeria. This metric is a key indicator of international trade and economic engagement.
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 measures the number of unique exporters from Washington state that have been identified as shipping products or services to Nigeria. It provides insight into the level of economic and commercial ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
Policymakers and trade analysts use this metric to evaluate trends in Washington's export economy and its relationship with the Nigerian market.
Key Facts
- Washington is one of the top exporting states in the U.S.
- Nigeria is a major trading partner for many U.S. states.
- Exporter counts can indicate the health of international trade relationships.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses located in Washington state that have been identified as exporting goods or services to Nigeria.
Q: Why is this trend relevant for users or analysts?
A: The exporter count provides insight into the level of economic and commercial engagement between Washington and the Nigerian market, which is valuable information for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and administrative records.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to evaluate trends in state-level export activity and the strength of international trade relationships.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series only captures identified exporters, which may not represent the full universe of trade activity.
Related Trends
Number of Identified Exporters to Nigeria from California
CANGAA475SCEN
Terms of Trade for Goods for Nigeria
NGATTTIX
Number of Identified Exporters to Nigeria from Kansas
KSNGAA475SCEN
Percentage of Foreign Banks Among Total Banks for Nigeria
DDOI13NGA156NWDB
Number of Identified Exporters to Nigeria from District of Columbia
DCNGAA475SCEN
Gross Portfolio Debt Liabilities to GDP for Nigeria
DDDM10NGA156NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Nigeria from Washington (WANGAA475SCEN), retrieved from FRED.