Value of Exports to Ecuador from North Carolina
NCECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
37,735,543.00
Year-over-Year Change
113.20%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ecuador from North Carolina' series tracks the total value of goods exported from North Carolina to Ecuador. This metric is important for economists and policymakers to understand North Carolina's trade dynamics with Ecuador.
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 data series represents the dollar value of all merchandise exported from the state of North Carolina to Ecuador. It is a key indicator of the trade relationship and economic linkages between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in North Carolina's exports to Ecuador can provide insights into the state's economic competitiveness and the efficacy of trade policies.
Key Facts
- North Carolina was the 9th largest exporting state in the U.S. in 2021.
- Ecuador was North Carolina's 45th largest export destination in 2021.
- Exports from North Carolina to Ecuador reached a peak of $93 million in 2013.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of all merchandise exports from the state of North Carolina to Ecuador.
Q: Why is this trend relevant for users or analysts?
A: Monitoring North Carolina's exports to Ecuador provides insights into the state's trade relationships and economic competitiveness.
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 declarations.
Q: How is this trend used in economic policy?
A: Trends in North Carolina's exports to Ecuador can inform policymakers on the effectiveness of state and federal trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag. It may not capture all small-scale or informal trade activity.
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Use of Financial Services Deposit Accounts: Accounts at Other Depository Corporations for Ecuador
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Central Bank Assets to GDP for Ecuador
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Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Ecuador
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Consumer Prices for Ecuador
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Citation
U.S. Federal Reserve, Value of Exports to Ecuador from North Carolina (NCECUA052SCEN), retrieved from FRED.