Value of Exports to Ethiopia from Arizona
AZETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,811,557.00
Year-over-Year Change
353.80%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Ethiopia from Arizona' series measures the total dollar value of goods exported from the state of Arizona to Ethiopia. This data provides insights into Arizona's trade relationship and economic engagement with the Ethiopian 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 economic trend represents the monetary value of products and commodities shipped from Arizona businesses and producers to consumers and enterprises in Ethiopia. Economists and policymakers analyze this data to understand Arizona's trade flows, comparative advantages, and commercial ties with the East African nation.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Historical Context
Trends in Arizona's exports to Ethiopia are relevant for assessing the state's export-oriented industries and competitiveness in international markets.
Key Facts
- Arizona is a major agricultural exporter to Ethiopia.
- Ethiopia is a growing market for Arizona's technology and machinery products.
- Export volumes from Arizona to Ethiopia have increased by over 25% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and products exported from the state of Arizona to consumers and businesses in Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: Tracking Arizona's exports to Ethiopia provides insights into the state's trade relationships, industry competitiveness, and engagement with emerging African markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs declarations and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to evaluate Arizona's export performance, identify target industries, and develop strategies to expand the state's global trade footprint.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag due to the time required for compiling customs records and shipping information.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Arizona (AZETHA052SCEN), retrieved from FRED.