Value of Exports to Israel from North Carolina
NCISRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
140,899,360.00
Year-over-Year Change
35.87%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Israel from North Carolina' series measures the total value of goods and services exported from North Carolina to Israel. This metric is important for assessing trade dynamics and economic ties between the state and this key trading partner.
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 economic indicator tracks the dollar value of all products and services shipped from North Carolina businesses to customers and companies in Israel. It provides insight into the scale and trends of North Carolina's export activity with this international market.
Methodology
The data is compiled by the U.S. Census Bureau through surveys of firms conducting cross-border trade.
Historical Context
Policymakers and economists use this series to evaluate North Carolina's export performance and competitiveness in the global marketplace.
Key Facts
- North Carolina exported $337 million in goods and services to Israel in 2021.
- Exports to Israel account for 1.2% of North Carolina's total international trade.
- Top North Carolina exports to Israel include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from businesses in North Carolina to customers in Israel.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into North Carolina's trade relationship and economic ties with a key international market, which is valuable for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau through surveys of firms conducting cross-border trade.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to evaluate North Carolina's export performance and competitiveness in the global marketplace.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Israel from North Carolina (NCISRA052SCEN), retrieved from FRED.