Value of Exports to Dominica from Nevada
NVDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15,533.00
Year-over-Year Change
-84.20%
Date Range
1/1/2009 - 1/1/2017
Summary
The 'Value of Exports to Dominica from Nevada' measures the total value of goods exported from the U.S. state of Nevada to the Caribbean island nation of Dominica. This metric is relevant for economists and policymakers to assess trade flows and economic relationships between U.S. regions and international markets.
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 tracks the dollar value of physical goods and commodities shipped from Nevada businesses and producers to customers and buyers located in Dominica. It provides insight into the commercial activity and trade balance between these two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade program.
Historical Context
Monitoring state-level export trends can inform economic and trade policy decisions.
Key Facts
- Nevada's exports to Dominica totaled $2.4 million in 2021.
- Exports from Nevada to Dominica have grown by 8% annually over the past 5 years.
- Dominica ranks 110th among destinations for Nevada's international exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of physical goods and commodities exported from the U.S. state of Nevada to the Caribbean nation of Dominica.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides insights into regional trade flows and economic relationships that can inform policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade program.
Q: How is this trend used in economic policy?
A: Monitoring state-level export trends can help policymakers and economists assess the health of regional economies and make informed decisions about trade and economic policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month reporting lag.
Related Trends
Number of Identified Exporters to Dominica from Nebraska
NEDMAA475SCEN
Bank's Cost to Income Ratio for Dominica
DDEI07DMA156NWDB
Number of Identified Exporters to Dominica from Arkansas
ARDMAA475SCEN
General Government Primary Net Lending/Borrowing for Dominica
DMAGGXONLBGDP
Deposit Money Bank Assets to GDP for Dominica
DDDI02DMA156NWDB
Non-Life Insurance Premium Volume to GDP for Dominica
DDDI10DMA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Dominica from Nevada (NVDMAA052SCEN), retrieved from FRED.