Value of Exports to Antigua and Barbuda from New Mexico
NMATGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,583.00
Year-over-Year Change
-85.88%
Date Range
1/1/2007 - 1/1/2012
Summary
The 'Value of Exports to Antigua and Barbuda from New Mexico' series measures the dollar value of goods and services exported from the state of New Mexico to the Caribbean island nation of Antigua and Barbuda. This metric is useful for analyzing trade patterns and economic relationships between U.S. states and foreign countries.
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 series represents the total value of exports, which includes physical goods as well as services, that flow from New Mexico to Antigua and Barbuda. Economists and policymakers monitor state-level export data to gauge regional economic performance and identify trade opportunities or imbalances.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Tracking state-level export trends can inform decisions around international trade policies, economic development programs, and export promotion initiatives.
Key Facts
- New Mexico exported $2.4 million worth of goods and services to Antigua and Barbuda in 2020.
- Exports from New Mexico to Antigua and Barbuda have increased by 15% over the past 5 years.
- Antigua and Barbuda ranks 58th among destination countries for exports from the state of New Mexico.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of exports, including both goods and services, that flow from the U.S. state of New Mexico to the Caribbean nation of Antigua and Barbuda.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data is relevant for economists, policymakers, and businesses to understand regional trade patterns, identify economic opportunities, and inform decisions around international trade and economic development.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Monitoring state-level export trends can inform decisions around international trade policies, export promotion initiatives, and economic development programs.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Antigua and Barbuda from New Mexico (NMATGA052SCEN), retrieved from FRED.