Value of Exports to Morocco from Arizona
AZMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,427,980.00
Year-over-Year Change
787.35%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Arizona' measures the total dollar value of goods and services exported from the state of Arizona to the country of Morocco. This economic indicator provides insight into the trade relationship between Arizona and a key international 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 data series tracks the monetary value of all products and services shipped from Arizona businesses to customers and partners in Morocco. It serves as an important measure of Arizona's export activity and economic integration with the Moroccan market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and business leaders use this metric to assess Arizona's export competitiveness and the impacts of trade policies.
Key Facts
- Arizona exported $125 million worth of goods to Morocco in 2021.
- Morocco is Arizona's 47th largest export destination globally.
- Computer and electronic products make up over 60% of Arizona's exports to Morocco.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of all products and services exported from the state of Arizona to customers in Morocco.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Arizona's trade relationship and economic integration with the Moroccan market, which is useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and business leaders use this metric to assess Arizona's export competitiveness and the impacts of trade policies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the release of the latest data by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Arizona (AZMARA052SCEN), retrieved from FRED.