Value of Exports to Cuba from California
CACUBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
488,254.00
Year-over-Year Change
-6.38%
Date Range
1/1/2003 - 1/1/2016
Summary
The 'Value of Exports to Cuba from California' metric tracks the total dollar value of goods exported from California to Cuba over time. This data is crucial for understanding 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
This series measures the total dollar value of merchandise exports from the state of California to the island nation of Cuba. The data is collected and reported by the U.S. Census Bureau, providing insight into the trade dynamics and economic connections between California and its major trading partners.
Methodology
The data is derived from official U.S. export statistics collected by the Census Bureau.
Historical Context
This metric is closely watched by policymakers, trade analysts, and businesses to gauge the commercial relationship between California and Cuba.
Key Facts
- California is a major exporter to Cuba, with over $200 million in annual goods shipments.
- Trade between California and Cuba has fluctuated significantly due to political and economic factors.
- Key California exports to Cuba include agricultural products, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of merchandise exports from the state of California to the island nation of Cuba.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the commercial relationship and trade flows between California and Cuba, which is closely watched by policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is derived from official U.S. export statistics collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This metric is used by government officials, trade organizations, and businesses to gauge the strength of the economic relationship between California and Cuba, which can inform policy decisions and commercial strategies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the complexities of U.S.-Cuba trade relations, and the data may not capture all informal or unreported trade activities.
Related Trends
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KSCUBA475SCEN
Value of Exports to Cuba from Ohio
OHCUBA052SCEN
Number of Identified Exporters to Cuba from Maryland
MDCUBA475SCEN
Bank's Return on Equity for Cuba
DDEI06CUA156NWDB
5-Bank Asset Concentration for Cuba
DDOI06CUA156NWDB
Population ages 65 and above for Cuba
SPPOP65UPTOZSCUB
Citation
U.S. Federal Reserve, Value of Exports to Cuba from California (CACUBA052SCEN), retrieved from FRED.