Value of Exports to Bulgaria from Arizona
AZBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,867,516.00
Year-over-Year Change
126.67%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Bulgaria from Arizona' trend measures the total value of goods and services exported from the U.S. state of Arizona to the country of Bulgaria. This metric is important for analyzing trade flows and economic relationships between regions.
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 monetary value of all products and services exported from Arizona businesses to customers and consumers in Bulgaria. Economists and policymakers use this information to gauge the strength of Arizona's trade ties with the Bulgarian market.
Methodology
The data is collected through surveys of Arizona exporters and compiled by the U.S. Census Bureau.
Historical Context
Trends in Arizona's exports to Bulgaria can inform trade policy decisions and commercial relationships between the two economies.
Key Facts
- Arizona exported $36.2 million in goods and services to Bulgaria in 2021.
- Exports from Arizona to Bulgaria have grown by 8.3% annually since 2015.
- Bulgaria accounts for 0.2% of total exports from the state of Arizona.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all products and services exported from the U.S. state of Arizona to the country of Bulgaria.
Q: Why is this trend relevant for users or analysts?
A: Tracking Arizona's exports to Bulgaria is important for understanding trade flows, commercial relationships, and economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Arizona-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in Arizona's exports to Bulgaria can inform trade policy decisions and commercial relationships between the two economies.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month delay and may not capture all informal or unreported trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Bulgaria from Arizona (AZBGRA052SCEN), retrieved from FRED.