Value of Exports to Russia from Nevada
NVRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,433,701.00
Year-over-Year Change
118.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Russia from Nevada tracks the dollar value of merchandise exports from the state of Nevada to Russia. This metric is important for monitoring trade relationships and economic activity between Nevada and international markets.
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 series measures the total value of goods and commodities exported from Nevada to Russia. It provides insight into the commercial ties and trade flows between the state and this specific trading partner, which is relevant for economic analysis and policymaking.
Methodology
The data is collected by the U.S. Census Bureau through surveying exporters.
Historical Context
Trends in Nevada's exports to Russia can inform decisions around trade policy, market access, and economic development initiatives.
Key Facts
- Nevada exported $X.XX million in goods to Russia in the latest period.
- Russia ranks Xth among Nevada's top export destinations.
- Key Nevada exports to Russia include [top commodities].
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of merchandise exports from the state of Nevada to Russia, providing insight into trade activity between the two entities.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Nevada's exports to Russia is important for understanding the state's trade relationships, economic interdependencies, and exposure to international markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and entities engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Trends in Nevada's exports to Russia can inform decisions around trade policy, market access, and economic development initiatives between the state and this key trading partner.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all export activity, but the series provides a reliable indicator of trade flows between Nevada and Russia.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Nevada (NVRUSA052SCEN), retrieved from FRED.