Value of Exports to Croatia from Texas
TXHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,464,256.00
Year-over-Year Change
88.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Croatia from Texas' series measures the total dollar value of goods and services exported from the state of Texas to Croatia. This metric is important for economists and policymakers to assess trade patterns and the strength of commercial relationships between 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 represents the dollar value of all products and services that originate in Texas and are sold to consumers, businesses, or governments in Croatia. It provides insight into the trade balance and economic integration between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in this series are used by trade analysts, economists, and government agencies to monitor the health of the state and national economy.
Key Facts
- Texas is the second-largest exporting state in the U.S.
- Croatia joined the European Union in 2013, expanding trade opportunities.
- Service exports account for a growing share of Texas' trade with Croatia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of Texas to Croatia.
Q: Why is this trend relevant for users or analysts?
A: Tracking this metric provides insight into the strength of the commercial relationship between Texas and Croatia, which is useful for economists, trade analysts, and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Trends in this series are used by trade analysts, economists, and government agencies to monitor the health of the state and national economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month lag between the reference period and the release date.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from Texas (TXHRVA052SCEN), retrieved from FRED.