Number of Identified Exporters to Ecuador from Arkansas
ARECUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40.00
Year-over-Year Change
135.29%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Ecuador from Arkansas' measures the total number of businesses based in Arkansas that export goods to Ecuador. This metric provides insight into trade flows and economic relationships between the two 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 tracks the count of unique companies headquartered in Arkansas that have reported exporting products to Ecuador. It offers a proxy for the level of economic integration and commercial ties between the state and the South American country.
Methodology
The data is collected through mandatory exporter surveys and declarations filed with U.S. customs authorities.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Arkansas' export sector and its commercial ties with Ecuador.
Key Facts
- Arkansas is the 27th largest exporting state in the U.S.
- Ecuador is Arkansas' 37th largest export market.
- Exports from Arkansas to Ecuador totaled $79 million in 2021.
FAQs
Q: What does this economic trend measure?
A: This series tracks the number of businesses headquartered in Arkansas that export goods to Ecuador, providing insight into trade flows between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric offers valuable information about the level of economic integration and commercial ties between Arkansas and Ecuador, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through mandatory exporter surveys and declarations filed with U.S. customs authorities.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Arkansas' export sector and its commercial relationships with other countries, such as Ecuador.
Q: Are there update delays or limitations?
A: The data is subject to the timeliness of exporter reporting and customs declarations, which may result in occasional delays in data availability.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ecuador from Arkansas (ARECUA475SCEN), retrieved from FRED.