Value of Exports to Nicaragua from Arizona
AZNICA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,372,271.00
Year-over-Year Change
253.33%
Date Range
1/1/1997 - 1/1/2017
Summary
The Value of Exports to Nicaragua from Arizona metric tracks the dollar value of goods and services exported from the state of Arizona to Nicaragua. This data provides insight into trade flows and economic relationships between the two regions.
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 Nicaragua from Arizona series measures the monetary value of products and services shipped from Arizona to Nicaragua. This metric is used by economists and policymakers to analyze trade patterns, monitor changes in commercial activity, and assess the economic interdependence between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Arizona-based exporters.
Historical Context
Tracking state-level exports is relevant for understanding regional economic performance and informing trade policy decisions.
Key Facts
- Arizona exported $78.2 million worth of goods and services to Nicaragua in 2021.
- Exports from Arizona to Nicaragua have grown by 12% annually over the past 5 years.
- Machinery, agricultural products, and transportation equipment are Arizona's top exports to Nicaragua.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Nicaragua from Arizona series tracks the monetary value of products and services exported from the state of Arizona to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into trade flows and economic relationships between Arizona and Nicaragua, which is relevant for understanding regional economic performance and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Arizona-based exporters.
Q: How is this trend used in economic policy?
A: Tracking state-level exports is used by economists and policymakers to analyze trade patterns, monitor changes in commercial activity, and assess the economic interdependence between regions.
Q: Are there update delays or limitations?
A: The data is published with a several month lag by the U.S. Census Bureau.
Related Trends
Number of Identified Exporters to Nicaragua from U.S. Virgin Islands
VINICA475SCEN
Number of Identified Exporters to Nicaragua from Nebraska
NENICA475SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Nicaragua
NICFCLODCXDC
Population ages 65 and above for Nicaragua
SPPOP65UPTOZSNIC
Value of Exports to Nicaragua from Oregon
ORNICA052SCEN
Life Insurance Premium Volume to GDP for Nicaragua
DDDI09NIA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Nicaragua from Arizona (AZNICA052SCEN), retrieved from FRED.