Value of Exports to El Salvador from Texas

TXSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

399,663,483.00

Year-over-Year Change

189.06%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to El Salvador from Texas' series measures the total dollar value of goods exported from the state of Texas to the country of El Salvador. This metric is important for analyzing trade flows and economic integration between Texas and its global trading partners.

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 economic trend represents the total value of merchandise exports originating from the state of Texas and destined for El Salvador. It is used by economists, trade analysts, and policymakers to evaluate the trade relationship between the two regions and understand the importance of El Salvador as an export market for the Texan economy.

Methodology

The data is collected and reported by the U.S. Census Bureau through its merchandise trade statistics program.

Historical Context

Trends in this series are closely watched by Texas-based businesses, trade associations, and government agencies involved in export promotion and international commerce.

Key Facts

  • Texas is the second-largest exporting state in the U.S.
  • El Salvador is the 46th largest export market for Texas goods.
  • Textiles, machinery, and mineral fuels are top Texas exports to El Salvador.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of merchandise exports originating from the state of Texas and destined for the country of El Salvador.

Q: Why is this trend relevant for users or analysts?

A: This trend is important for understanding the trade relationship between Texas and El Salvador, and evaluating the significance of El Salvador as an export market for the Texan economy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its merchandise trade statistics program.

Q: How is this trend used in economic policy?

A: Trends in this series are closely watched by Texas-based businesses, trade associations, and government agencies involved in export promotion and international commerce.

Q: Are there update delays or limitations?

A: The data is reported on a monthly basis, with a typical 1-2 month delay between the reference period and publication.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to El Salvador from Texas (TXSLVA052SCEN), retrieved from FRED.