Value of Exports to Cuba from Arkansas

ARCUBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

6,946,555.00

Year-over-Year Change

0.00%

Date Range

1/1/2002 - 1/1/2002

Summary

The 'Value of Exports to Cuba from Arkansas' series measures the total dollar value of goods and services exported from the U.S. state of Arkansas to Cuba. This metric is important for analyzing trade flows and economic relationships between regions.

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 represents the estimated total value of all products and services exported from Arkansas to Cuba in a given time period. It is used by economists, policymakers, and businesses to understand regional trade patterns and the economic ties between the two locations.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.

Historical Context

Trends in this metric can inform policy decisions and business strategies related to international trade and economic development.

Key Facts

  • Arkansas is a major agricultural exporter to Cuba.
  • Exports from Arkansas to Cuba peaked in 2008 at over $20 million.
  • The U.S. first imposed a trade embargo on Cuba in 1962.

FAQs

Q: What does this economic trend measure?

A: This series measures the total value of goods and services exported from the U.S. state of Arkansas to Cuba in a given time period.

Q: Why is this trend relevant for users or analysts?

A: Trends in this metric can provide insights into the economic relationship between Arkansas and Cuba, which is relevant for policymakers, businesses, and economists studying regional trade patterns.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.

Q: How is this trend used in economic policy?

A: Fluctuations in this export value can inform policy decisions and business strategies related to international trade and economic development between the two regions.

Q: Are there update delays or limitations?

A: There may be delays in data reporting due to the complexities of cross-border trade measurement, and the data may not capture all informal or unrecorded trade activity.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Cuba from Arkansas (ARCUBA052SCEN), retrieved from FRED.