Number of Identified Exporters to Belgium from Arkansas
ARBELA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
55.00
Year-over-Year Change
-17.91%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Belgium from Arkansas' measures the total number of businesses located in Arkansas that export goods to Belgium. This trend provides insights into the trade dynamics between Arkansas and Belgium.
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 count of unique exporters from Arkansas to Belgium over time. It serves as an indicator of the scale and engagement of Arkansas businesses in the Belgian export market, which is relevant for understanding regional trade patterns and economic activity.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Policymakers and economists analyze this metric to assess the export competitiveness of Arkansas businesses and the state's trade relationship with Belgium.
Key Facts
- Arkansas businesses exported over $300 million in goods to Belgium in 2021.
- The number of identified Arkansas exporters to Belgium has grown by 20% over the past 5 years.
- Belgium is Arkansas's 5th largest export destination in the European Union.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of unique businesses located in Arkansas that export goods to Belgium. It provides insight into the scale of Arkansas's trade relationship with Belgium.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding regional export patterns and the competitiveness of Arkansas businesses in the Belgian market. It informs economic policymakers and analysts about trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to assess the export performance of Arkansas and inform decisions around trade, economic development, and competitiveness policies.
Q: Are there update delays or limitations?
A: There may be a several month delay in the availability of the latest data due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Belgium from Arkansas (ARBELA475SCEN), retrieved from FRED.