Value of Exports to Costa Rica from Arkansas
ARCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,602,982.00
Year-over-Year Change
57.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Costa Rica from Arkansas' measures the total dollar value of goods and services exported from the U.S. state of Arkansas to the country of Costa Rica. This metric is important for economists and policymakers to analyze trade relationships and regional economic activity.
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 data series tracks the monetary value of all products and services that are shipped from Arkansas to Costa Rica. It provides insight into the commercial ties and trade flows between the two regions, which can inform decisions around economic development, international commerce, and trade policy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data is used by government agencies, trade organizations, and economic analysts to assess the health of bilateral trade and Arkansas' engagement in the global marketplace.
Key Facts
- Arkansas exported over $200 million in goods to Costa Rica in 2021.
- Machinery and transportation equipment are the top export categories from Arkansas to Costa Rica.
- Costa Rica is the 2nd largest destination for Arkansas' exports in Central America.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of all products and services that are exported from the U.S. state of Arkansas to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the trade relationship and commercial ties between Arkansas and Costa Rica, which is valuable for economists, policymakers, and businesses analyzing regional economic activity and international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export value data is used by government agencies, trade organizations, and economic analysts to assess the health of bilateral trade and Arkansas' engagement in the global marketplace, which can inform decisions around economic development and trade policy.
Q: Are there update delays or limitations?
A: The data is subject to typical update lags from the Census Bureau, with the most recent figures usually lagging several months behind the current period.
Related Trends
Consumer Price Index: OECD Groups: Services Less Housing: Housing Excluding Imputed Rentals for Housing for Costa Rica
CRICPGRLH02GPM
Geographical Outreach: Key Indicators Commercial Bank Branches Per 1000 Km2 for Costa Rica
CRIFCBODCKNUM
Production: Construction: Total for Costa Rica
CRIPRCNTO01GYSAM
Use of Financial Services: Number of Borrowers at Other Depository Corporations for Costa Rica
CRIFCRODPENUM
Balance of Payments: Services: Expenditure for Costa Rica
CRIB6DBSE03STSAQ
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Housing, Water, Electricity, Gas and Other Fuels for Costa Rica
CRICP040000GYQ
Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Arkansas (ARCRIA052SCEN), retrieved from FRED.