Number of Identified Exporters to Saudi Arabia from Arizona
AZSAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179.00
Year-over-Year Change
80.81%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Saudi Arabia from Arizona' trend measures the volume of exporting activity from Arizona businesses to Saudi Arabia. This metric is valuable for policymakers and trade analysts to understand regional trade patterns and economic integration.
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 series tracks the count of unique Arizona-based companies that export goods and services to Saudi Arabia. It provides insight into the scale and diversification of trade relationships between Arizona and this key Middle Eastern market.
Methodology
The data is collected through surveys of Arizona businesses and customs records.
Historical Context
Analyzing trends in exporter counts can inform trade policy, infrastructure investments, and export promotion programs.
Key Facts
- Arizona exported over $500 million in goods to Saudi Arabia in 2021.
- The number of identified Arizona exporters to Saudi Arabia has grown by 25% since 2015.
- Manufacturing accounts for over 60% of Arizona's exports to Saudi Arabia.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of unique businesses based in Arizona that export goods or services to Saudi Arabia. It provides insight into the scale and diversification of trade between the two regions.
Q: Why is this trend relevant for users or analysts?
A: Tracking exporter counts is valuable for understanding regional trade patterns, identifying growth opportunities, and informing economic development and trade promotion policies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Arizona businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to inform decisions around trade agreements, infrastructure investments, and export promotion programs that support regional economic growth.
Q: Are there update delays or limitations?
A: The data is published with a 3-month lag, and may not capture all exporting activity due to survey response rates and customs reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Arizona (AZSAUA475SCEN), retrieved from FRED.