Value of Exports to Fiji from Nevada
NVFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144,871.00
Year-over-Year Change
307.94%
Date Range
1/1/2008 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Nevada' series tracks the total monetary value of goods and services exported from the U.S. state of Nevada to the island nation of Fiji. This metric is a key indicator of Nevada's international trade and economic integration with the Pacific region.
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, published by the U.S. Census Bureau, represents the dollar value of all products and services shipped from Nevada to Fiji over a given time period. It provides insight into the trade relationship and commercial activity between the two economies.
Methodology
The data is collected through surveys of businesses and compiled by government statistical agencies.
Historical Context
Policymakers and analysts use this metric to assess Nevada's export performance and competitiveness in global markets.
Key Facts
- Nevada exported $2.4 million in goods and services to Fiji in 2021.
- Fiji is Nevada's 93rd largest export destination globally.
- Nevada's top exports to Fiji include machinery, electronics, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of goods and services exported from the U.S. state of Nevada to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Nevada's trade relationship and commercial activity with the Pacific island nation of Fiji, which is an important indicator of the state's international economic integration and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Nevada's export performance and competitiveness in global markets, which can inform trade, economic development, and investment policies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the publication of this data due to the time required for data collection and compilation.
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Citation
U.S. Census Bureau, Value of Exports to Fiji from Nevada (NVFJIA052SCEN), retrieved from FRED.