Number of Identified Exporters to Belgium from Arizona
AZBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
195.00
Year-over-Year Change
23.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Belgium from Arizona' measures the count of companies located in Arizona that exported goods to Belgium. This metric provides insights into trade activity and the strength of economic ties between Arizona and the Belgian 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 number of exporters in Arizona that ship products to Belgium, a key trading partner. It offers economists and policymakers a window into the dynamics of Arizona's export economy and its engagement with global markets.
Methodology
The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Historical Context
Trends in exporter counts can inform trade policy decisions and strategies to support Arizona businesses seeking to expand their Belgian customer base.
Key Facts
- Arizona exported $1.2 billion worth of goods to Belgium in 2021.
- The number of identified Arizona exporters to Belgium has grown by 15% over the past 5 years.
- Belgium is Arizona's 6th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of companies located in Arizona that exported goods to Belgium, providing insights into trade activity and economic ties between the two regions.
Q: Why is this trend relevant for users or analysts?
A: Trends in exporter counts can inform trade policy decisions and strategies to support Arizona businesses seeking to expand their Belgian customer base.
Q: How is this data collected or calculated?
A: The data is collected through customs and international trade reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers can use this data to assess the health of Arizona's export economy and develop initiatives to promote trade with key markets like Belgium.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but may have a lag of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belgium from Arizona (AZBELA475SCEN), retrieved from FRED.