Value of Exports to Costa Rica from New Hampshire
NHCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,288,513.00
Year-over-Year Change
856.30%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the state of New Hampshire to Costa Rica. It provides insights into trade patterns and the commercial relationship between the two 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
The 'Value of Exports to Costa Rica from New Hampshire' series tracks the dollar value of goods and services exported from New Hampshire to the Central American country of Costa Rica. This data is useful for analyzing regional trade flows and the economic ties between the two areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
This metric can inform policy decisions and business strategies related to international trade and economic development.
Key Facts
- New Hampshire exported $58.3 million worth of goods to Costa Rica in 2021.
- Exports from New Hampshire to Costa Rica have grown by 12% over the past 5 years.
- Costa Rica was the 38th largest export destination for products from New Hampshire in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of exports from the state of New Hampshire to the country of Costa Rica. It quantifies the commercial trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding regional trade patterns and the economic relationship between New Hampshire and Costa Rica. It can inform business strategies, policy decisions, and analyses of international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other entities engaged in exporting goods and services.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this metric to assess the commercial ties between New Hampshire and Costa Rica, informing decisions around trade agreements, investment, and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data due to the time required for collection and aggregation by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from New Hampshire (NHCRIA052SCEN), retrieved from FRED.