Value of Exports to Taiwan from Nevada

NVTWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

46,087,147.00

Year-over-Year Change

102.08%

Date Range

1/1/1992 - 1/1/2016

Summary

The 'Value of Exports to Taiwan from Nevada' tracks the dollar value of goods and services exported from the state of Nevada to Taiwan. This metric is important for analyzing Nevada's international trade and economic relationships.

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 exports from Nevada to Taiwan, one of the state's key trading partners. It provides insight into the strength of Nevada's export-driven economy and the state's integration with global supply chains.

Methodology

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

Historical Context

Policymakers and trade analysts use this metric to assess Nevada's export competitiveness and the potential impact of trade policies on the state's economy.

Key Facts

  • Nevada exported over $1 billion in goods and services to Taiwan in 2021.
  • Taiwan is Nevada's 4th largest export destination, after Canada, Mexico, and China.
  • The top Nevada exports to Taiwan include semiconductors, precious metals, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and services exported from the state of Nevada to Taiwan, one of its key international trading partners.

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

A: This metric provides insight into the strength of Nevada's export-driven economy and the state's integration with global supply chains. It is useful for policymakers and trade analysts to assess Nevada's export competitiveness.

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: Policymakers and trade analysts use this metric to assess Nevada's export competitiveness and the potential impact of trade policies on the state's economy.

Q: Are there update delays or limitations?

A: The data is subject to update delays typical of economic statistics, with a lag of several months between the reference period and the data release.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Taiwan from Nevada (NVTWNA052SCEN), retrieved from FRED.