Value of Exports to Nicaragua from South Carolina
SCNICA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
17,859,581.00
Year-over-Year Change
9.61%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Nicaragua from South Carolina' series measures the total value of goods exported from South Carolina to Nicaragua. This metric is an important indicator of trade relationships 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 series tracks the dollar value of all merchandise exported from South Carolina to Nicaragua, including agricultural products, industrial equipment, consumer goods, and other commodities. The data is used by economists, policymakers, and businesses to analyze trade flows and patterns.
Methodology
The data is collected and reported by the U.S. Census Bureau based on surveys of exporting companies.
Historical Context
Trends in this series can provide insights into the health of the trade relationship between South Carolina and Nicaragua, which is relevant for economic and foreign policy decisions.
Key Facts
- South Carolina is a major exporting state in the U.S.
- Nicaragua is an important trade partner for many U.S. states
- Export values can fluctuate based on exchange rates, tariffs, and economic conditions
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and commodities exported from the state of South Carolina to Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: Tracking export values between states and trading partners provides insights into the strength of trade relationships and broader economic conditions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor export trends to assess the health of trade partnerships and make informed decisions about economic and foreign policies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay and may not capture all export activity, especially for smaller companies.
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Citation
U.S. Federal Reserve, Value of Exports to Nicaragua from South Carolina (SCNICA052SCEN), retrieved from FRED.