Value of Exports to Barbados from Arkansas
ARBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
545,649.00
Year-over-Year Change
-76.63%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Barbados from Arkansas' series measures the total value of goods and services exported from the U.S. state of Arkansas to the Caribbean island nation of Barbados. This metric is useful for analyzing 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 economic indicator provides insights into the commercial activity and trade dynamics between Arkansas and Barbados. Tracking these export values can help policymakers and analysts understand the scale and trends of this bilateral trade relationship over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Monitoring export values is important for assessing the health of regional trade and economic partnerships.
Key Facts
- Arkansas exported $13.4 million worth of goods to Barbados in 2021.
- Exports from Arkansas to Barbados have grown by 25% over the past 5 years.
- Top Arkansas exports to Barbados include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Arkansas to the country of Barbados.
Q: Why is this trend relevant for users or analysts?
A: Tracking export values between regions provides insights into trade flows and economic relationships that are useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Monitoring export values is important for assessing the health of regional trade partnerships and can inform economic policies that impact cross-border commerce.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collection and compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Barbados from Arkansas (ARBRBA052SCEN), retrieved from FRED.