Number of Identified Exporters to Bangladesh from Arizona
AZBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
58.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Bangladesh from Arizona' series tracks the count of businesses based in Arizona that export goods to Bangladesh. This metric is important for understanding Arizona's trade connections and economic relationships with international 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 number of distinct exporting entities located in the state of Arizona that sell goods to Bangladesh. It provides insight into the scale and diversity of Arizona's exporting activity, which is a key component of the state's economic performance and engagement with the global economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative records.
Historical Context
Policymakers and economists monitor this trend to assess Arizona's trade dynamics and the health of its export sector.
Key Facts
- Arizona is a major exporting state, with over $24 billion in goods exported annually.
- Bangladesh is an important trading partner for Arizona, ranking among the state's top 20 export destinations.
- The number of Arizona exporters to Bangladesh has grown by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses located in Arizona that export goods to Bangladesh. It provides a gauge of the scale and diversity of Arizona's exporting activity to this key international market.
Q: Why is this trend relevant for users or analysts?
A: Monitoring the number of Arizona exporters to Bangladesh offers insights into the state's trade relationships and the health of its export sector, which is an important driver of economic growth and employment.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and administrative records on international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess Arizona's export competitiveness, identify trade opportunities, and develop strategies to support the state's international business activities.
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 trade conditions. Additionally, the series only captures formally identified exporting entities and may not fully represent informal or unreported trade activity.
Related Trends
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Value of Exports to Bangladesh from Missouri
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Value of Exports to Bangladesh from Tennessee
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Arizona (AZBGDA475SCEN), retrieved from FRED.