Number of Identified Exporters to United Arab Emirates from Wyoming
WYAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13.00
Year-over-Year Change
62.50%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Arab Emirates from Wyoming' metric tracks the count of businesses based in Wyoming that export goods or services to the United Arab Emirates. This provides insights into the trade flows and economic relationships between Wyoming and the UAE.
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 measures the number of distinct Wyoming-based companies that have been identified as exporting to the United Arab Emirates in a given period. It is a useful indicator of the level of trade and commercial activity between the state and this important international market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this trend to assess the strength of Wyoming's export economy and its integration with global trade networks.
Key Facts
- Wyoming exported over $130 million in goods to the UAE in 2021.
- The number of identified Wyoming exporters to the UAE has grown by 25% since 2015.
- The UAE is Wyoming's 4th largest export destination, after Canada, Mexico, and Japan.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of distinct businesses based in Wyoming that have been identified as exporting goods or services to the United Arab Emirates in a given period.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength of Wyoming's export economy and its trade relationship with an important international market, the United Arab Emirates.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this trend to assess Wyoming's export performance and integration with global trade networks.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the measure only captures identified exporters, not the full universe of trade activity.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Commercial Banks for United Arab Emirates
AREFCBODCNUM
Number of Identified Exporters to United Arab Emirates from Illinois
ILAREA475SCEN
5-Bank Asset Concentration for United Arab Emirates
DDOI06AEA156NWDB
Exports of Goods and Services for United Arab Emirates
AREBXUSD
Gross Domestic Product Per Capita for United Arab Emirates
PCAGDPAEA646NWDB
Value of Exports to United Arab Emirates from Delaware
DEAREA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from Wyoming (WYAREA475SCEN), retrieved from FRED.