Value of Exports to Panama from Nevada
NVPANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,749,707.00
Year-over-Year Change
80.28%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Panama from Nevada' trend measures the dollar value of goods and services exported from the state of Nevada to Panama over time. This data provides insight into Nevada's international trade and economic ties with a key Central American 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
This economic indicator tracks the total value of all exports, including merchandise and services, flowing from Nevada to Panama. It is an important metric for analyzing Nevada's export activity and economic integration within the global marketplace.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Historical Context
Policymakers and market analysts use this trend to assess Nevada's export performance and competitiveness in Panamanian and Latin American markets.
Key Facts
- Nevada's exports to Panama totaled $XXX million in the most recent year.
- Panama is Nevada's Xth largest export market globally.
- Top exports from Nevada to Panama include [example product categories].
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Panama from Nevada' metric tracks the total dollar value of goods and services exported from the state of Nevada to the country of Panama over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into Nevada's trade relationships and economic integration with a key trading partner in Central America. It is used by policymakers, businesses, and economists to assess the state's export performance and competitiveness in international markets.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to evaluate Nevada's trade dynamics, monitor the state's economic ties with Panama, and inform decisions around economic development, trade policy, and export promotion initiatives.
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 collection and processing by statistical agencies.
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General Government Primary Net Lending/Borrowing for Panama
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Citation
U.S. Federal Reserve, Value of Exports to Panama from Nevada (NVPANA052SCEN), retrieved from FRED.