Value of Exports to Belize from Nevada
NVBLZA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,653.00
Year-over-Year Change
457.89%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Belize from Nevada' trend measures the total dollar value of goods and services exported from the U.S. state of Nevada to the country of Belize. This metric is important for analyzing cross-border trade and economic integration 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 monetary value of all products and services shipped from Nevada businesses and individuals to consumers and enterprises in Belize. It is a key indicator of the strength of the economic relationship and commercial ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Nevada exporters and customs records.
Historical Context
Policymakers and market analysts use this information to assess the health of Nevada's export economy and its trade dynamics with Central American markets.
Key Facts
- Nevada's exports to Belize totaled $12.3 million in 2021.
- Belize was Nevada's 58th largest export market in 2021.
- Mining, agriculture, and manufacturing are Nevada's top export industries to Belize.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of all goods and services exported from the U.S. state of Nevada to the country of Belize.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Nevada's export activity to Belize provides insights into the commercial relationship and economic integration between the two regions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau compiles this data through surveys of Nevada-based exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this information to assess the health of Nevada's export economy and its trade dynamics with Central American markets.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis, but may have a 1-2 month reporting lag due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Belize from Nevada (NVBLZA052SCEN), retrieved from FRED.