Number of Identified Exporters to Ecuador from Washington
WAECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114.00
Year-over-Year Change
67.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ecuador from Washington' series tracks the number of businesses located in Washington state that export goods to Ecuador. This metric provides insight into the trade relationship between the two 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 indicator represents the count of unique exporting companies in Washington that ship products to Ecuador. It is used by economists and policymakers to analyze trends in cross-border trade and the competitiveness of Washington-based exporters in the Ecuadorian market.
Methodology
The data is collected through surveys of businesses and customs records.
Historical Context
Monitoring exporter counts can inform decisions around trade agreements, export promotion programs, and economic development initiatives.
Key Facts
- Washington is a major exporting state, with $93 billion in annual exports.
- Ecuador is Washington's 33rd largest export market, with $194 million in goods exports.
- The number of identified Washington exporters to Ecuador has grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of unique businesses located in Washington state that export goods to Ecuador.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exporter counts provides insights into the strength of trade ties between Washington and Ecuador, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers can use this data to inform decisions around trade agreements, export promotion programs, and regional economic development initiatives.
Q: Are there update delays or limitations?
A: The data may have a lag of several months between the reference period and public release.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Washington (WAECUA475SCEN), retrieved from FRED.