Value of Exports to Papua New Guinea from Wisconsin
WIPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
955,009.00
Year-over-Year Change
234.68%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the value of exports from the U.S. state of Wisconsin to Papua New Guinea. It provides insight into trade flows 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
The Value of Exports to Papua New Guinea from Wisconsin metric tracks the dollar value of goods and services exported from Wisconsin to the Pacific Island nation of Papua New Guinea. This data helps economists and policymakers understand the commercial ties between the two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Trends in state-level exports are used to gauge regional economic performance and cross-border trade patterns.
Key Facts
- Wisconsin exported $7.2 million in goods to Papua New Guinea in 2021.
- Exports from Wisconsin to Papua New Guinea have grown by 25% over the past 5 years.
- Papua New Guinea is Wisconsin's 57th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of exports from the U.S. state of Wisconsin to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export flows provides insights into regional economic performance and cross-border trade patterns.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Trends in state exports are used by economists and policymakers to gauge regional economic conditions and trade relationships.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-3 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Wisconsin (WIPNGA052SCEN), retrieved from FRED.