Value of Exports to Germany from Arizona
AZDEUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
666,406,218.00
Year-over-Year Change
-6.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Germany from Arizona' series measures the total value of goods and services exported from the state of Arizona to Germany, a key trading partner.
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 economic indicator provides insight into the strength of Arizona's export trade relationship with Germany. It is used by economists, policymakers, and businesses to analyze Arizona's participation in global value chains and the state's economic integration with major international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in Arizona's exports to Germany are relevant for understanding the state's economic performance and the effects of trade policies.
Key Facts
- Arizona exported $1.2 billion worth of goods and services to Germany in 2021.
- Germany is Arizona's 5th largest export destination, accounting for 5.2% of the state's total exports.
- Semiconductors, optics, and agricultural products are among Arizona's top exports to Germany.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Germany from Arizona' series measures the total monetary value of goods and services exported from the state of Arizona to the country of Germany.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into the strength of Arizona's trade relationship with a major global market, which is relevant for understanding the state's economic performance and the effects of trade policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Trends in Arizona's exports to Germany are used by economists, policymakers, and businesses to analyze the state's participation in global value chains and the effects of trade policies on the local economy.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the U.S. Census Bureau, and there may be delays in the availability of the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Germany from Arizona (AZDEUA052SCEN), retrieved from FRED.