Value of Exports to Liberia from Texas
TXLBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
34,779,333.00
Year-over-Year Change
374.04%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Liberia from Texas' series measures the dollar value of goods and services exported from the state of Texas to the West African nation of Liberia. This metric is important for understanding trade dynamics and economic interdependence between regional economies.
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 data series represents the total value of merchandise and services exported from Texas businesses and producers to Liberian buyers and end-users. Economists and policymakers analyze this information to gauge the strength of commercial ties and identify opportunities for expanding bilateral trade.
Methodology
The data is collected through surveys of Texas exporters and compiled by the U.S. Census Bureau.
Historical Context
Trends in Texas-Liberia trade are closely monitored by government agencies, industry groups, and international organizations to inform economic and foreign policy decisions.
Key Facts
- Texas is the largest exporting state in the U.S.
- Liberia is an important trade partner for many U.S. states
- Exports support thousands of jobs in the Texas economy
FAQs
Q: What does this economic trend measure?
A: This data series tracks the dollar value of goods and services exported from the state of Texas to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Texas-Liberia trade flows provides insights into the economic relationship between the two regions and can inform policymaking and business strategies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Texas exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in Texas-Liberia trade are closely watched by government agencies, industry groups, and international organizations to inform economic and foreign policy decisions.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series does not capture all informal or unreported trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Liberia from Texas (TXLBRA052SCEN), retrieved from FRED.