Value of Exports to Russia from Texas
TXRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,034,646,372.00
Year-over-Year Change
158.38%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Russia from Texas' trend measures the total dollar value of goods and services exported from the state of Texas to Russia. This metric is important for economists and policymakers to understand the economic ties between Texas and the Russian market.
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 monthly dollar value of all merchandise and services exported from Texas to Russia. It provides insight into the trade relationship and commercial activity between the state and this key international partner. The data is useful for analyzing trade flows, assessing economic impacts, and informing policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Texas exporters.
Historical Context
This trend is used by economists, trade analysts, and policymakers to monitor the health of Texas-Russia commercial ties.
Key Facts
- Texas is the top U.S. exporting state.
- Russia was Texas' 25th largest export market in 2022.
- Energy products make up over half of Texas' exports to Russia.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Russia from Texas' tracks the total dollar value of goods and services exported from the state of Texas to Russia on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into the trade relationship and commercial activity between Texas and Russia, 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 Texas exporters.
Q: How is this trend used in economic policy?
A: This trend is used by economists, trade analysts, and policymakers to monitor the health of Texas-Russia commercial ties and inform policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Texas (TXRUSA052SCEN), retrieved from FRED.