Value of Exports to Denmark from Arkansas
ARDNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,178,629.00
Year-over-Year Change
446.95%
Date Range
1/1/1992 - 1/1/2015
Summary
The 'Value of Exports to Denmark from Arkansas' series measures the total value of goods and services exported from the state of Arkansas to Denmark. This metric is important for understanding Arkansas' international trade relationships and economic ties with European markets.
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 represents the monetary value of all products and services sent from Arkansas to Denmark. It is a key indicator of the strength of Arkansas' export economy and its commercial integration with the Danish market. Economists and policymakers analyze this data to assess trade flows, identify industry trends, and inform decisions around economic development and international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in Arkansas' exports to Denmark provide insight into the state's participation in global supply chains and its competitiveness in European markets.
Key Facts
- Arkansas exported over $100 million in goods to Denmark in 2021.
- Machinery and transportation equipment are Arkansas' top exports to Denmark.
- Denmark is Arkansas' 18th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Denmark from Arkansas' series measures the total monetary value of goods and services exported from the state of Arkansas to the country of Denmark.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Arkansas' international trade relationships and the strength of its export economy, which is important for economic policymakers and businesses seeking to understand global market opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in Arkansas' exports to Denmark inform decisions around economic development, international commerce, and the state's competitiveness in European markets.
Q: Are there update delays or limitations?
A: There may be some reporting delays, as the data is collected through business surveys and customs records.
Related Trends
Residence Adjustment in Arkansas
AREADJ
Real Gross Domestic Product: Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523) in Arkansas
ARSECCOMINVRGSP
Monthly State Retail Sales: Total Retail Sales Excluding Nonstore Retailers in Arkansas
MSRSARTOTAL
Number of Banks in Arkansas
X08ABAR
All Employees: Government: Local Government in Arkansas
SMS05000009093000001
Coefficient for Transportation Carbon Dioxide Emissions, Residual Fuel for Arkansas
EMISSCO2CRFACBARA
Citation
U.S. Federal Reserve, Value of Exports to Denmark from Arkansas (ARDNKA052SCEN), retrieved from FRED.