Value of Exports to Brazil from South Carolina
SCBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
331,676,028.00
Year-over-Year Change
35.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Brazil from South Carolina' metric tracks the dollar value of goods and services exported from South Carolina to Brazil. This data provides insight into the economic relationship and trade flows 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 economic series measures the total value of exports originating from South Carolina and destined for Brazil. It is an important indicator of the strength of South Carolina's exporting industries and their engagement with the Brazilian market.
Methodology
The data is collected through customs and shipping records by the U.S. Census Bureau.
Historical Context
Analysts and policymakers use this metric to assess South Carolina's export performance and competitiveness in the Brazilian market.
Key Facts
- South Carolina is a major exporting state, with Brazil as a key trade partner.
- Exports to Brazil account for a significant portion of South Carolina's total exports.
- The value of exports fluctuates with changes in commodity prices and exchange rates.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the state of South Carolina to Brazil.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of South Carolina's exporting industries and their engagement with the Brazilian market, which is an important trading partner.
Q: How is this data collected or calculated?
A: The data is collected through customs and shipping records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess South Carolina's export performance and competitiveness in the Brazilian market, which can inform trade, economic development, and other policies.
Q: Are there update delays or limitations?
A: There may be delays in data reporting due to the time required for customs and shipping data to be collected and processed.
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from South Carolina (SCBRAA052SCEN), retrieved from FRED.