Value of Exports to Aruba from Tennessee

TNABWA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,315,361.00

Year-over-Year Change

75.96%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Aruba from Tennessee' trend measures the total value of goods and services exported from Tennessee to the island nation of Aruba. This metric is important for economists and policymakers to understand trade flows and economic relationships between U.S. states and foreign countries.

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 products and services shipped from Tennessee to Aruba. It is used to analyze the strength of trade ties between the two economies and can provide insights into industry-specific export patterns and the impacts of trade policies.

Methodology

The data is compiled by the U.S. Census Bureau based on customs declarations and other administrative sources.

Historical Context

Policymakers and market analysts monitor this and other state-level export data to assess the health of regional trade networks and the potential effects of trade agreements or disruptions.

Key Facts

  • Tennessee's exports to Aruba totaled $12.3 million in 2021.
  • Machinery and transportation equipment are Tennessee's top exports to Aruba.
  • Aruba ranked 58th among destinations for Tennessee's international exports in 2021.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services exported from the U.S. state of Tennessee to the country of Aruba.

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

A: This data provides insights into the trade relationship between Tennessee and Aruba, which is important for understanding regional economic dynamics and the impacts of trade policies.

Q: How is this data collected or calculated?

A: The data is compiled by the U.S. Census Bureau based on customs declarations and other administrative sources.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts monitor state-level export data like this to assess the health of regional trade networks and the potential effects of trade agreements or disruptions.

Q: Are there update delays or limitations?

A: There may be lags of several months in the reporting of this data due to the time required for collection and compilation.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Aruba from Tennessee (TNABWA052SCEN), retrieved from FRED.