Value of Exports to Bangladesh from Arizona
AZBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
18,383,757.00
Year-over-Year Change
302.05%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Arizona' metric tracks the dollar value of goods and services exported from the state of Arizona to Bangladesh. This data point is important for economists and policymakers analyzing trade flows and regional economic activity.
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 total value of exports originating from Arizona and destined for Bangladesh. It is a key indicator of the commercial relationship and economic linkages between the two regions. Analysts use this data to assess trends in Arizona's export sector and its position within global trade networks.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade records.
Historical Context
Policymakers and trade organizations closely monitor this metric to understand Arizona's export competitiveness and the state's engagement with emerging markets like Bangladesh.
Key Facts
- Arizona exported $123 million worth of goods to Bangladesh in 2021.
- Aerospace products are Arizona's top export category to Bangladesh.
- Bangladesh is Arizona's 35th largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Arizona to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding Arizona's engagement with emerging export markets and assessing the state's position within global trade networks.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade records.
Q: How is this trend used in economic policy?
A: Policymakers and trade organizations monitor this metric to evaluate Arizona's export competitiveness and the state's commercial relationships with key trading partners like Bangladesh.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a 1-2 month reporting lag due to the time required for customs processing and data compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Arizona (AZBGDA052SCEN), retrieved from FRED.