Value of Exports to Ecuador from Georgia
GAECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
89,716,750.00
Year-over-Year Change
94.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ecuador from Georgia' measures the dollar value of goods and services exported from the U.S. state of Georgia to Ecuador. This economic trend is important for understanding trade dynamics and regional economic activity.
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 total value of exports originating from Georgia and destined for Ecuador. It provides insight into the commercial relationship and trade flows between the two locations, which is relevant for economists, policymakers, and businesses analyzing regional trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of exporting firms.
Historical Context
Trends in Georgia's exports to Ecuador are monitored by trade organizations, economic development agencies, and international market analysts.
Key Facts
- Georgia exported $206 million in goods to Ecuador in 2021.
- Machinery and aircraft parts are major export categories from Georgia to Ecuador.
- Ecuador is Georgia's 37th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Ecuador from Georgia' measures the total dollar value of goods and services exported from the U.S. state of Georgia to the country of Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the commercial relationship and trade flows between Georgia and Ecuador, which is valuable information for economists, policymakers, and businesses analyzing regional trade patterns and dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Trends in Georgia's exports to Ecuador are monitored by trade organizations, economic development agencies, and international market analysts to understand regional trade dynamics and inform economic policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series does not capture all informal or unreported trade activity between Georgia and Ecuador.
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Citation
U.S. Federal Reserve, Value of Exports to Ecuador from Georgia (GAECUA052SCEN), retrieved from FRED.