Value of Exports to El Salvador from Arkansas
ARSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,618,366.00
Year-over-Year Change
613.47%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to El Salvador from Arkansas' measures the dollar value of goods and services exported from the state of Arkansas to the country of El Salvador. This metric is important for economists and policymakers to understand regional trade flows and economic relationships.
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 tracks the total value of exports originating from Arkansas and destined for El Salvador. It provides insight into the commercial ties and economic interdependence between the two regions, which is useful for trade policy analysis and business planning.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this metric to assess the health of regional trade and economic conditions.
Key Facts
- Arkansas exported $148 million in goods and services to El Salvador in 2021.
- Exports to El Salvador account for 2.3% of total exports from Arkansas.
- The top export categories from Arkansas to El Salvador are machinery, agricultural products, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the U.S. state of Arkansas to the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade and economic relationship between Arkansas and El Salvador, which is useful for assessing regional economic conditions and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this metric to evaluate the health of regional trade flows and economic interdependence, which can inform decisions around trade agreements, investment, and economic development.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current economic conditions. Additionally, the data is subject to revisions over time as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to El Salvador from Arkansas (ARSLVA052SCEN), retrieved from FRED.