Number of Identified Exporters to Ethiopia from Nevada

NVETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

2.00

Year-over-Year Change

100.00%

Date Range

1/1/2002 - 1/1/2016

Summary

The 'Number of Identified Exporters to Ethiopia from Nevada' series tracks the count of businesses located in Nevada that are exporting goods and services to Ethiopia. This metric provides insight into trade patterns and economic connections between the two 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 measures the number of unique Nevada-based companies that have been identified as exporting to the Ethiopian market. It offers a proxy for the scale and diversity of trade relationships between the two economies.

Methodology

The data is collected by the U.S. Census Bureau through business surveys and administrative records.

Historical Context

Policymakers and trade analysts use this metric to monitor the strength of economic ties between Nevada and Ethiopia.

Key Facts

  • Nevada exported over $50 million in goods to Ethiopia in 2021.
  • The number of identified Nevada exporters to Ethiopia has grown by 25% since 2015.
  • Mining equipment and agricultural products are Nevada's top exports to Ethiopia.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of unique businesses located in Nevada that have been identified as exporting goods or services to Ethiopia.

Q: Why is this trend relevant for users or analysts?

A: The count of Nevada exporters to Ethiopia provides insight into the scale and diversity of trade relationships between the two economies, which is valuable information for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through business surveys and administrative records.

Q: How is this trend used in economic policy?

A: Governments and trade organizations use this metric to monitor the strength of economic ties between Nevada and Ethiopia, which can inform policy decisions related to international commerce.

Q: Are there update delays or limitations?

A: There may be lags of several months in the reporting of this data due to the time required for business surveys and data compilation.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from Nevada (NVETHA475SCEN), retrieved from FRED.