Value of Exports to Taiwan from Arizona
AZTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
385,708,048.00
Year-over-Year Change
20.36%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend tracks the value of exports from the U.S. state of Arizona to Taiwan. It provides insight into Arizona's trade relationship with a key Asian 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
The 'Value of Exports to Taiwan from Arizona' series measures the total value of goods and services exported from Arizona to Taiwan. This data point is used by economists and policymakers to analyze Arizona's trade flows and economic integration with the Taiwanese market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
The trend is relevant for understanding Arizona's export economy and the state's trade positioning within the broader U.S.-Taiwan commercial relationship.
Key Facts
- Arizona exported $1.1 billion in goods to Taiwan in 2021.
- Taiwan was Arizona's 5th largest export market in 2021.
- Semiconductor equipment is a major Arizona export to Taiwan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Arizona to Taiwan.
Q: Why is this trend relevant for users or analysts?
A: The trend provides insight into Arizona's trade relationship with a key Asian market, which is important for understanding the state's export economy and commercial integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze Arizona's trade flows and economic ties with Taiwan, which is relevant for informing trade and economic development policies.
Q: Are there update delays or limitations?
A: There may be a several month delay in the most recent data being available due to the time required for data collection and reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Arizona (AZTWNA052SCEN), retrieved from FRED.