U.S. Imports of Goods by Customs Basis from Aruba
IMP2779 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
0.75
Year-over-Year Change
3.33%
Date Range
1/1/1992 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the U.S. from Aruba on a customs basis. It provides insight into trade flows and consumer demand.
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
The U.S. Imports of Goods by Customs Basis from Aruba series tracks the dollar value of merchandise imported into the United States from Aruba. This data is used by economists and policymakers to analyze trade balances, supply chains, and consumer spending patterns.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations.
Historical Context
This import trend is relevant for understanding the U.S. trade position and economic integration with regional markets.
Key Facts
- Aruba is a Caribbean island country and constituent country of the Kingdom of the Netherlands.
- The U.S. is Aruba's largest trading partner, accounting for over 60% of its imports and exports.
- Imports from Aruba make up less than 0.1% of total U.S. goods imports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of physical goods imported into the United States from Aruba, as recorded by U.S. customs.
Q: Why is this trend relevant for users or analysts?
A: This import data provides insight into trade flows, consumer demand, and economic integration between the U.S. and Aruba.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations made by importers.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this import data to analyze trade balances, supply chains, and the economic relationship between the U.S. and Aruba.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the reporting of this customs-based import data.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Aruba (IMP2779), retrieved from FRED.