Number of Identified Exporters to Brazil from Texas
TXBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,773.00
Year-over-Year Change
36.07%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from Texas' measures the count of companies based in Texas that export goods and services to Brazil. This trend provides insights into the trade relationship between Texas and Brazil, which is an important economic partner.
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 number of Texas-based businesses that are actively exporting to Brazil. It offers a gauge of the commercial ties and cross-border economic activity between the two regions, which is relevant for policymakers, trade analysts, and businesses operating in this trade corridor.
Methodology
The data is collected by the U.S. Census Bureau through surveys of identified exporters.
Historical Context
Monitoring this trend can inform decisions around trade policy, market access, and export promotion initiatives.
Key Facts
- Texas is the largest exporting state in the U.S.
- Brazil is one of Texas's top trading partners in Latin America.
- The number of Texas exporters to Brazil has grown over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies based in Texas that are identified as exporting goods or services to Brazil.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Texas exporters to Brazil provides insights into the trade relationship and commercial ties between the two regions, which is valuable information for policymakers, businesses, and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of identified exporters.
Q: How is this trend used in economic policy?
A: Monitoring this trend can inform decisions around trade policy, market access, and export promotion initiatives between Texas and Brazil.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the data only captures identified exporters, which may not represent the full population of companies engaged in Brazil-Texas trade.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Texas (TXBRAA475SCEN), retrieved from FRED.