Value of Exports to Nicaragua from Washington
WANICA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,930,229.00
Year-over-Year Change
455.96%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Nicaragua from Washington' series tracks the dollar value of goods and services exported from the state of Washington to Nicaragua over time. This metric is important for understanding trade flows and economic relationships between U.S. states and other countries.
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 indicator measures the total value of products and services that businesses and individuals in Washington state export to Nicaragua. It provides insight into the commercial ties and trading patterns between the two economies.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
This series is used by policymakers, economists, and businesses to assess the health of Washington's international trade relationships.
Key Facts
- Washington exported $125 million worth of goods to Nicaragua in 2021.
- Nicaragua is Washington's 45th largest export market globally.
- Top Washington exports to Nicaragua include agricultural products, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the state of Washington to the country of Nicaragua.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial ties between Washington and Nicaragua, which is important for understanding state-level economic activity and international trade flows.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and businesses use this series to assess the health of Washington's international trade relationships and make informed decisions about economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in the most recent figures being available.
Related Trends
Population, Total for Nicaragua
POPTOTNIA647NWDB
Number of Identified Exporters to Nicaragua from New York
NYNICA475SCEN
Bank Z-Score for Nicaragua
DDSI01NIA645NWDB
Number of Identified Exporters to Nicaragua from Virginia
VANICA475SCEN
Number of Identified Exporters to Nicaragua from Ohio
OHNICA475SCEN
Value of Exports to Nicaragua from New Hampshire
NHNICA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Nicaragua from Washington (WANICA052SCEN), retrieved from FRED.