Value of Exports to Costa Rica from Tennessee
TNCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
161,720,571.00
Year-over-Year Change
231.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Costa Rica from Tennessee' series measures the total dollar value of goods and services exported from the U.S. state of Tennessee to Costa Rica. This provides insight into the trade relationship between Tennessee and Costa Rica.
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 indicator tracks the monetary value of all products and services shipped from Tennessee-based businesses and individuals to consumers, companies, and government entities located in Costa Rica. It is an important metric for understanding the commercial exchange and integration between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Tennessee exporters.
Historical Context
Policymakers and economists use this trend to evaluate the performance and competitiveness of Tennessee's exports to Costa Rica within the broader context of U.S. international trade.
Key Facts
- Tennessee's exports to Costa Rica totaled $195 million in 2021.
- Machinery and transportation equipment make up over 60% of Tennessee's exports to Costa Rica.
- Costa Rica is Tennessee's 31st largest export market worldwide.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from the U.S. state of Tennessee to Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Tennessee and Costa Rica, which is important for understanding state-level export performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Tennessee-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to evaluate Tennessee's export performance to Costa Rica within the broader context of U.S. international trade.
Q: Are there update delays or limitations?
A: There can be a 1-2 month delay in the release of this data by the Census Bureau.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Costa Rica
CRIFCBODDNUM
Number of Identified Exporters to Costa Rica from Connecticut
CTCRIA475SCEN
Number of Identified Exporters to Costa Rica from Wyoming
WYCRIA475SCEN
Number of Identified Exporters to Costa Rica from Utah
UTCRIA475SCEN
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Total for Costa Rica
CRICPALTT01IXOBQ
Balance of Payments: Gross Acquisitions / Disposals of Nonproduced Nonfinancial Assets: Balance (Revenue Minus Expenditure) for Costa Rica
CRIB6CATT01CXCUQ
Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Tennessee (TNCRIA052SCEN), retrieved from FRED.