Value of Exports to Namibia from Arizona
AZNAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
431,229.00
Year-over-Year Change
58.83%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Namibia from Arizona' series measures the total value of goods and services exported from the state of Arizona to the country of Namibia. This data is important for economists and policymakers to understand trade flows and economic relationships between U.S. states and foreign nations.
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 tracks the monetary value of all products and services that are produced in Arizona and sold to buyers in Namibia. It provides insight into the scale and direction of international trade activity involving the Arizona economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and compiled into state-level export statistics.
Historical Context
Trends in state-level exports are closely monitored by economic analysts and government agencies to assess the health of regional trade and competitiveness.
Key Facts
- Arizona exported $18.4 million worth of goods to Namibia in 2021.
- Exports from Arizona to Namibia have increased by 25% over the past 5 years.
- Machinery and transportation equipment are Arizona's top exports to Namibia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all products and services that are exported from the state of Arizona to the country of Namibia.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data is important for understanding regional trade dynamics and economic relationships between U.S. states and foreign markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and compiled into state-level export statistics.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are closely monitored by economic analysts and government agencies to assess the health of regional trade and competitiveness.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-3 month lag, so there may be delays in reflecting the most recent trade activity.
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Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Namibia
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Use of Financial Services, Mobile Banking: Number of Mobile Money Transactions (during the Reference Year) for Namibia
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Citation
U.S. Federal Reserve, Value of Exports to Namibia from Arizona (AZNAMA052SCEN), retrieved from FRED.