Value of Exports to Brazil from Arizona
AZBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
376,830,705.00
Year-over-Year Change
260.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Brazil from Arizona' series measures the total dollar value of goods and services exported from Arizona to Brazil over time. This metric is crucial for understanding Arizona's trade relationships and economic connections with major international markets.
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 value of all exports originating from Arizona and destined for Brazil. It provides important insights into the trade flows and economic interdependence between Arizona and one of its key trading partners. Policymakers and businesses use this data to assess Arizona's export performance and competitiveness in the Brazilian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Monitoring changes in Arizona's exports to Brazil can inform economic policy decisions and help businesses identify new market opportunities.
Key Facts
- Arizona exported over $1 billion worth of goods and services to Brazil in 2021.
- Exports to Brazil account for around 5% of Arizona's total international trade.
- The top export categories from Arizona to Brazil include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and services exported from the state of Arizona to Brazil over time.
Q: Why is this trend relevant for users or analysts?
A: Tracking Arizona's exports to Brazil provides important insights into the state's trade relationships and economic connections with a major international market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Monitoring changes in Arizona's exports to Brazil can inform economic policy decisions and help businesses identify new market opportunities.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically within a few months of the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from Arizona (AZBRAA052SCEN), retrieved from FRED.