Number of Identified Exporters to Aruba from South Carolina
SCABWA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
-23.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Aruba from South Carolina measures the count of unique businesses in South Carolina that export to Aruba. This trend is an important indicator of trade and economic activity between the two regions.
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 metric tracks the number of distinct South Carolina businesses that export goods or services to Aruba. It provides insight into the level of trade engagement and commercial relationships between the two economies.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the strength of economic ties between South Carolina and Aruba.
Key Facts
- South Carolina exports to Aruba totaled $123 million in 2021.
- The number of identified exporters has grown by 7% over the past 5 years.
- Manufacturing accounts for 35% of South Carolina's total exports to Aruba.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in South Carolina that export goods or services to Aruba.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of trade relationships and economic integration between South Carolina and Aruba.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of economic ties between the two regions and inform decisions around trade agreements and investment.
Q: Are there update delays or limitations?
A: The data is published quarterly with a 3-month lag, so the most recent figures may not reflect the current state of trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Aruba from South Carolina (SCABWA475SCEN), retrieved from FRED.