Value of Exports to Guinea from Arizona
AZGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
428,817.00
Year-over-Year Change
489.75%
Date Range
1/1/2006 - 1/1/2017
Summary
The Value of Exports to Guinea from Arizona measures the total value of goods and services exported from the state of Arizona to the country of Guinea. This metric is important for economists and policymakers to understand Arizona's trade relationships and economic connections with foreign 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
The Value of Exports to Guinea from Arizona represents the dollar value of all merchandise that originated from businesses located in Arizona and was sold to customers in Guinea. This data point provides insight into the trade flows and commercial activity between the two regions.
Methodology
The U.S. Census Bureau collects this data through mandatory surveys of U.S. exporters.
Historical Context
Policymakers and trade analysts use this series to assess Arizona's export performance and competitiveness in the Guinean market.
Key Facts
- Arizona exported $1.2 million worth of goods to Guinea in 2021.
- Guinea accounts for less than 0.1% of total Arizona exports.
- Machinery and transportation equipment are Arizona's top exports to Guinea.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Guinea from Arizona measures the total dollar value of merchandise that originated from businesses located in Arizona and was sold to customers in the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Arizona's trade relationships and economic connections with the Guinean market, which is relevant for policymakers, trade analysts, and businesses looking to understand state-level export performance.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through mandatory surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to assess Arizona's export performance and competitiveness in the Guinean market, which can inform trade policies and business development strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for the Census Bureau to collect and process the information from exporters.
Related Trends
Number of Identified Exporters to Guinea from Montana
MTGINA475SCEN
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Guinea
GINFCBODULNUM
Number of Identified Exporters to Guinea from New York
NYGINA475SCEN
Use of Financial Services: Key Indicators, Household Depositors with Commercial Banks Per 1000 Adults for Guinea
GINFCDODCHANUM
Value of Exports to Guinea from Alabama
ALGINA052SCEN
Number of Identified Exporters to Guinea from Puerto Rico
PRGINA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Guinea from Arizona (AZGINA052SCEN), retrieved from FRED.