Value of Exports to Thailand from Nevada

NVTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

63,805,003.00

Year-over-Year Change

147.69%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Thailand from Nevada' series measures the total value of goods and services exported from the U.S. state of Nevada to Thailand. This data point is important for understanding Nevada's international trade patterns and economic connections.

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 series tracks the dollar value of all merchandise and services shipped from Nevada to Thailand. It provides insight into the trade relationship between the state and this key Southeast Asian market, which is relevant for businesses, policymakers, and economic analysts.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Nevada exporters.

Historical Context

This metric is used to assess Nevada's export performance and competitiveness in the Thai market.

Key Facts

  • Nevada exported $292 million worth of goods and services to Thailand in 2021.
  • Exports to Thailand account for 2.1% of Nevada's total international trade.
  • Nevada's top exports to Thailand are machinery, transportation equipment, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total value of all merchandise and services exported from the U.S. state of Nevada to Thailand.

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

A: The data provides insight into Nevada's trade relationship with Thailand, which is an important market for the state's exporters.

Q: How is this data collected or calculated?

A: The U.S. Census Bureau collects this data through surveys of businesses and individuals engaged in exporting from Nevada.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Nevada's export performance and competitiveness in the Thai market, which can inform trade and economic development strategies.

Q: Are there update delays or limitations?

A: This data is published monthly with a 3-month lag, so the most recent figures may not reflect the current trade environment.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Thailand from Nevada (NVTHAA052SCEN), retrieved from FRED.