Value of Exports to Hong Kong from Arkansas
ARHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
122,027,802.00
Year-over-Year Change
223.82%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Arkansas' measures the total value of goods and services exported from the U.S. state of Arkansas to Hong Kong. This metric is important for understanding Arkansas' international trade patterns and economic ties with a major global market.
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 dollar value of all physical goods and intangible services exported from Arkansas to Hong Kong, a leading trade partner. It provides insight into the state's export activity and commercial relationships with international markets.
Methodology
The data is collected and published by the U.S. Census Bureau through its State Exports of Goods series.
Historical Context
Policymakers and businesses use this metric to assess Arkansas' export performance and competitiveness in the Hong Kong market.
Key Facts
- Arkansas exported $876 million worth of goods and services to Hong Kong in 2021.
- Hong Kong was Arkansas' 7th largest export destination in 2021.
- Arkansas' top exports to Hong Kong include poultry, machinery, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of all goods and services exported from the U.S. state of Arkansas to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Arkansas' trade relationships and export performance in a major global market, which is important for understanding the state's economic activity and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its State Exports of Goods series.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to assess Arkansas' export performance and competitiveness in the Hong Kong market, which can inform trade policy and business strategy.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent changes in Arkansas' exports to Hong Kong.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Arkansas (ARHKGA052SCEN), retrieved from FRED.