Value of Exports to El Salvador from New Jersey
NJSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,754,286.00
Year-over-Year Change
174.16%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to El Salvador from New Jersey' series measures the dollar value of goods exported from the U.S. state of New Jersey to the country of El Salvador. This metric is important for economists and policymakers to assess trade flows and economic relationships between 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 data series represents the total value of physical merchandise and commodities shipped from New Jersey to El Salvador. It is a key indicator of the commercial and economic ties between these locations, shedding light on the scale and composition of their trade relationship.
Methodology
The U.S. Census Bureau collects this data through surveys of businesses and customs declarations.
Historical Context
Analysts and officials use this metric to monitor changes in bilateral trade, guide policy decisions, and understand the broader economic interdependence between the United States and El Salvador.
Key Facts
- New Jersey is the 11th largest exporting state in the US.
- El Salvador is the 56th largest trading partner for the United States.
- The value of exports from New Jersey to El Salvador has grown by 25% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of physical goods and commodities exported from the U.S. state of New Jersey to the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the commercial and economic relationship between New Jersey and El Salvador, shedding light on trade flows, economic interdependence, and potential policy considerations.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Economists, trade officials, and policymakers use this data to monitor changes in bilateral trade, guide policy decisions, and understand the broader economic interdependence between the United States and El Salvador.
Q: Are there update delays or limitations?
A: There may be some time lags in the data due to the collection and reporting process, but the U.S. Census Bureau aims to publish this information on a regular basis.
Related Trends
Bank's Cost to Income Ratio for El Salvador
DDEI07SVA156NWDB
Number of Identified Exporters to El Salvador from Puerto Rico
PRSLVA475SCEN
Bank's Return on Equity for El Salvador
DDEI06SVA156NWDB
Use of Financial Services, Assets: Outstanding Loans to Small and Medium Enterprises at Commercial Banks for El Salvador
SLVFCSODCSXDC
Balance of Payments: Current account balance (credit less debit) for El Salvador
SLVBCAGDPBP6
Use of Financial Services: Key Indicators, Outstanding Deposits with Credit Unions and Financial Cooperatives for El Salvador
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Citation
U.S. Federal Reserve, Value of Exports to El Salvador from New Jersey (NJSLVA052SCEN), retrieved from FRED.