Value of Exports to Saudi Arabia from Tennessee
TNSAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
146,549,415.00
Year-over-Year Change
-23.39%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Tennessee to Saudi Arabia. Understanding trade flows between states and foreign markets is important for policymakers and businesses analyzing regional economic activity.
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
The Value of Exports to Saudi Arabia from Tennessee series tracks the dollar value of physical goods and commodities shipped from Tennessee to Saudi Arabia. This provides insight into the trade relationship and commercial activity between the state and this major Middle Eastern market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this series to assess the health of Tennessee's export economy and its commercial ties with Saudi Arabia.
Key Facts
- Tennessee exported $342 million to Saudi Arabia in 2021.
- Aerospace products are Tennessee's top export to Saudi Arabia.
- Saudi Arabia is Tennessee's 6th largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of physical goods and commodities exported from the U.S. state of Tennessee to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: Understanding trade flows between states and foreign markets provides insight into regional economic activity and commercial relationships.
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 trade analysts use this series to assess the health of Tennessee's export economy and its commercial ties with Saudi Arabia.
Q: Are there update delays or limitations?
A: The data may have a 1-2 month publication delay due to the time required for data collection and processing.
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Citation
U.S. Federal Reserve, Value of Exports to Saudi Arabia from Tennessee (TNSAUA052SCEN), retrieved from FRED.