Number of Identified Exporters to South Africa from Arizona
AZZAFA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
204.00
Year-over-Year Change
19.30%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to South Africa from Arizona' trend measures the total count of businesses in Arizona that export goods and services to South Africa. This metric is useful for analyzing trade patterns and economic ties 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
This data series tracks the number of unique exporters located in Arizona that ship products or provide services to customers in South Africa. It serves as an indicator of the commercial activity and economic integration between the state and the African nation.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts monitor this trend to gauge Arizona's export competitiveness and the state's engagement with the South African market.
Key Facts
- Arizona exported $206 million in goods to South Africa in 2021.
- The number of identified Arizona exporters to South Africa rose by 7% in 2022.
- South Africa is Arizona's 31st largest export destination worldwide.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in Arizona that export goods or services to customers in South Africa.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of identified Arizona exporters to South Africa provides insights into the commercial ties and trade flows between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this trend to gauge Arizona's export competitiveness and the state's engagement with the South African market.
Q: Are there update delays or limitations?
A: The data may have a lag of several months due to the time required for collection and publication.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to South Africa from Arizona (AZZAFA475SCEN), retrieved from FRED.