Value of Exports to Nigeria from Wisconsin
WINGAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,726,828.00
Year-over-Year Change
26.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Nigeria from Wisconsin' series measures the total value of goods exported from the state of Wisconsin to Nigeria over time. This metric is a key indicator of trade flows and economic relationships between 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 data series tracks the value in US dollars of merchandise and services exported from Wisconsin to Nigeria. It provides insight into the strength of the economic partnership between the two regions and can inform policy and business decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and businesses use this data to monitor trade patterns and inform strategies for expanding exports.
Key Facts
- Wisconsin exported over $100 million in goods to Nigeria in 2021.
- Exports from Wisconsin to Nigeria have grown by 50% in the past decade.
- Top Wisconsin exports to Nigeria include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value in US dollars of merchandise and services exported from the state of Wisconsin to Nigeria.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from Wisconsin to Nigeria provides insight into the strength of the economic partnership between the two regions, which is valuable information for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this data to monitor trade patterns and inform strategies for expanding exports between Wisconsin and Nigeria.
Q: Are there update delays or limitations?
A: The data is published with a several month delay and may not capture all export activity.
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Citation
U.S. Federal Reserve, Value of Exports to Nigeria from Wisconsin (WINGAA052SCEN), retrieved from FRED.