Value of Exports to Aruba from Nevada
NVABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,448,418.00
Year-over-Year Change
86.91%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Nevada to the Caribbean island of Aruba. It provides insights into trade flows and economic relationships between these 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 Aruba from Nevada is an important economic indicator that tracks the monetary value of goods and services exported from Nevada to Aruba. It reflects the commercial and trade ties between these two economies and can be used to analyze regional trade patterns.
Methodology
The data is collected and reported by the U.S. Census Bureau based on export documentation.
Historical Context
This metric is closely watched by economists, trade analysts, and policymakers to understand Nevada's export dynamics and its economic relationship with Aruba.
Key Facts
- Nevada's exports to Aruba totaled $24.3 million in 2021.
- Machinery and transportation equipment are major export categories.
- Aruba is Nevada's 46th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the U.S. state of Nevada to the Caribbean island of Aruba.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and economic ties between Nevada and Aruba, which is important for understanding regional trade patterns and dynamics.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on export documentation.
Q: How is this trend used in economic policy?
A: This metric is closely watched by economists, trade analysts, and policymakers to understand Nevada's export performance and its economic relationship with Aruba.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be some delay in reporting due to the time required to collect and process the export documentation.
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Citation
U.S. Federal Reserve, Value of Exports to Aruba from Nevada (NVABWA052SCEN), retrieved from FRED.