Value of Exports to Finland from Arkansas
ARFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,504,862.00
Year-over-Year Change
112.80%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Finland from Arkansas' tracks the dollar value of goods and services exported from Arkansas to Finland. This metric provides insight into the commercial relationship between the two economies.
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 measures the total value of exports originating from Arkansas and destined for Finland. It is an important indicator of the trade flows and economic integration between the two regions, and can inform policymakers and businesses on market opportunities and potential areas for growth.
Methodology
The data is compiled by the U.S. Census Bureau based on export shipment records.
Historical Context
Tracking export values can help assess the impact of trade policies, exchange rate movements, and other economic factors on a state's international commerce.
Key Facts
- Arkansas exported over $75 million in goods to Finland in 2021.
- Finland was Arkansas's 42nd largest export destination in 2021.
- Top Arkansas exports to Finland include machinery, poultry, and aerospace products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the state of Arkansas to Finland.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export flows can provide insights into trade dynamics, market opportunities, and the broader economic relationship between Arkansas and its international trade partners.
Q: How is this data collected or calculated?
A: The data is compiled by the U.S. Census Bureau based on export shipment records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use this data to assess the impact of trade policies, exchange rate movements, and other factors on a state's international commerce.
Q: Are there update delays or limitations?
A: The data is subject to the reporting and processing timelines of the U.S. Census Bureau, which may result in occasional lags or revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Arkansas (ARFINA052SCEN), retrieved from FRED.