Value of Exports to Ecuador from Nevada
NVECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,496,316.00
Year-over-Year Change
0.38%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the value of exports from the U.S. state of Nevada to Ecuador. It provides insight into trade dynamics and economic ties between Nevada and this South American nation.
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 Ecuador from Nevada series measures the dollar value of all goods and services exported from Nevada to Ecuador in a given time period. This data point is useful for analyzing the commercial relationship and trade flows between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
This metric helps inform policymakers and businesses about the strength of Nevada's export markets and potential areas for trade growth or diversification.
Key Facts
- Nevada's exports to Ecuador totaled $23.4 million in 2021.
- Ecuador was Nevada's 49th largest export market in 2021.
- Computer and electronic products were Nevada's top exports to Ecuador.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the dollar value of all goods and services exported from the U.S. state of Nevada to Ecuador in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into the commercial relationship and trade flows between Nevada and Ecuador, which can inform economic policy, business strategy, and market analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Q: How is this trend used in economic policy?
A: This metric helps inform policymakers and businesses about the strength of Nevada's export markets and potential areas for trade growth or diversification.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the figures do not account for all informal or untracked export activities.
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Citation
U.S. Federal Reserve, Value of Exports to Ecuador from Nevada (NVECUA052SCEN), retrieved from FRED.