Value of Exports to Saudi Arabia from Georgia
GASAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
263,876,334.00
Year-over-Year Change
33.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Saudi Arabia from Georgia' measures the total value of goods and services exported from the U.S. state of Georgia to Saudi Arabia. This economic indicator provides insight into trade dynamics and commercial relationships between these 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 represents the monetary value of all products and services shipped from Georgia to Saudi Arabia. It is used by economists, policymakers, and businesses to analyze trade flows, identify export opportunities, and assess the strength of economic ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Historical Context
Trends in this series can inform decisions around trade agreements, economic development initiatives, and market strategies for Georgia-based exporters.
Key Facts
- Georgia exported $78.5 million in goods to Saudi Arabia in 2021.
- Top Georgia exports to Saudi Arabia include machinery, vehicles, and agricultural products.
- Saudi Arabia was Georgia's 47th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all products and services exported from the U.S. state of Georgia to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: Tracking this export data provides insights into trade dynamics and the commercial relationship between Georgia and Saudi Arabia, which can inform economic policies, business strategies, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in this series can inform decisions around trade agreements, economic development initiatives, and market strategies for Georgia-based exporters.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a lag of approximately two months from the end of the reference period.
Related Trends
Use of Financial Services, Liabilities: Outstanding Deposits for Non-life Insurance at Insurance Corporations for Saudi Arabia
SAUFCLOFINPXDC
Number of Identified Exporters to Saudi Arabia from California
CASAUA475SCEN
Bank Capital to Total Assets for Saudi Arabia
DDSI03SAA156NWDB
Number of Identified Exporters to Saudi Arabia from Vermont
VTSAUA475SCEN
Goods, Value of Imports for Saudi Arabia
VALIMPSAM052N
Value of Exports to Saudi Arabia from South Dakota
SDSAUA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Saudi Arabia from Georgia (GASAUA052SCEN), retrieved from FRED.