Value of Exports to Nicaragua from California
CANICA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
321,438,197.00
Year-over-Year Change
1282.78%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Nicaragua from California measures the total dollar value of goods shipped from California to Nicaragua. This metric provides insight into trade flows 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 series tracks the value of merchandise exports from California to Nicaragua. It is an important indicator of the commercial relationship and economic integration between California and its trading partner Nicaragua.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this metric to assess California's export activity and the state's engagement with the Nicaraguan market.
Key Facts
- California is the largest exporting state in the U.S.
- Nicaragua is a key trading partner for California in Central America.
- Exports to Nicaragua account for a small but meaningful portion of California's total international trade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and merchandise exported from the state of California to the country of Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and economic ties between California and Nicaragua, which is valuable for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess California's export activity and the state's engagement with the Nicaraguan market, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays in reporting the latest data due to the time required for collection and compilation by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Nicaragua from California (CANICA052SCEN), retrieved from FRED.