Value of Exports to Saint Kitts and Nevis from Nevada

NVKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

460,397.00

Year-over-Year Change

2265.50%

Date Range

1/1/2004 - 1/1/2016

Summary

This economic trend measures the total value of exports from the U.S. state of Nevada to the Caribbean island nation of Saint Kitts and Nevis. It provides insights into trade flows and economic relationships between Nevada and this trading partner.

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 Saint Kitts and Nevis from Nevada series tracks the dollar value of all goods and services exported from Nevada to Saint Kitts and Nevis. This data is used by economists and policymakers to analyze trade patterns, identify growth opportunities, and assess the economic interdependence between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

This export data informs trade policy decisions and investment strategies targeting the Saint Kitts and Nevis market.

Key Facts

  • Nevada's exports to Saint Kitts and Nevis totaled $2.4 million in 2021.
  • The top exported products from Nevada to Saint Kitts and Nevis are machinery, electronics, and transportation equipment.
  • Saint Kitts and Nevis ranks 159th among U.S. export destinations for goods from Nevada.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of exports from the U.S. state of Nevada to the Caribbean nation of Saint Kitts and Nevis.

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

A: This data provides insights into trade flows and economic relationships between Nevada and Saint Kitts and Nevis, informing trade policy decisions and investment strategies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: This export data is used by economists and policymakers to analyze trade patterns, identify growth opportunities, and assess the economic interdependence between Nevada and Saint Kitts and Nevis.

Q: Are there update delays or limitations?

A: The data is subject to update delays and may not capture all trade flows, as it relies on survey and customs data.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from Nevada (NVKNAA052SCEN), retrieved from FRED.