Value of Exports to Tunisia from New Mexico
NMTUNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,138,837.00
Year-over-Year Change
-32.68%
Date Range
1/1/2008 - 1/1/2013
Summary
The 'Value of Exports to Tunisia from New Mexico' measures the total value of goods shipped from New Mexico to Tunisia. This economic indicator provides insight into trade flows and commercial activity between the U.S. state and the North African country.
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 dollar value of all commodities and manufactured products exported from New Mexico to Tunisia. It is a key metric for assessing the trade relationship and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs documentation.
Historical Context
Policymakers and economists monitor this metric to understand New Mexico's export patterns and the state's integration with global markets.
Key Facts
- New Mexico exported $15.2 million worth of goods to Tunisia in 2021.
- Top exports from New Mexico to Tunisia include agricultural products and machinery.
- Tunisia is New Mexico's 48th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of all commodities and manufactured products exported from the U.S. state of New Mexico to the country of Tunisia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and commercial ties between New Mexico and Tunisia, which is useful for policymakers, businesses, and economists analyzing regional export patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporters and customs documentation.
Q: How is this trend used in economic policy?
A: Government officials and analysts monitor this metric to understand New Mexico's export performance and integration with global markets, which can inform trade policy and economic development strategies.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the availability of this data due to the time required for collection and processing by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Tunisia from New Mexico (NMTUNA052SCEN), retrieved from FRED.