Value of Exports to Aruba from Florida
FLABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
240,001,405.00
Year-over-Year Change
93.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Aruba from Florida' series measures the total value of merchandise exports from the state of Florida to the island nation of Aruba. This metric is closely watched by economists and trade analysts to gauge Florida's commercial ties with the Caribbean region.
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 dollar value of physical goods shipped from Florida to Aruba, a major trade partner in the Caribbean. It reflects the strength of Florida's export economy and provides insight into the state's broader commercial relationships within the region.
Methodology
The data is collected and reported by the U.S. Census Bureau as part of its state-level merchandise trade statistics.
Historical Context
Monitoring state-level export trends is crucial for policymakers and businesses seeking to understand regional trade dynamics and economic interdependence.
Key Facts
- Florida is a major exporting state, shipping over $55 billion in goods annually.
- Aruba is Florida's 37th largest export market globally.
- Exports to Aruba account for about 0.5% of Florida's total merchandise exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical merchandise exports from the state of Florida to the Caribbean nation of Aruba.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides important insights into regional trade dynamics and the underlying strength of a state's export economy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau as part of its state-level merchandise trade statistics.
Q: How is this trend used in economic policy?
A: Export data is closely monitored by policymakers and businesses to understand regional trade relationships and interdependencies that can inform economic and trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several weeks, so there may be a delay in reflecting the most recent trade activity.
Related Trends
Number of Identified Exporters to Aruba from Connecticut
CTABWA475SCEN
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Aruba
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Number of Identified Exporters to Aruba from Utah
UTABWA475SCEN
Value of Exports to Aruba from Minnesota
MNABWA052SCEN
Value of Exports to Aruba from Oregon
ORABWA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Commercial Banks for Aruba
ABWFCLODCXDC
Citation
U.S. Federal Reserve, Value of Exports to Aruba from Florida (FLABWA052SCEN), retrieved from FRED.