Value of Exports to Mexico from Arkansas
ARMEXA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
797,518,823.00
Year-over-Year Change
110.86%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Mexico from Arkansas' tracks the dollar value of goods and services exported from the state of Arkansas to Mexico. This metric is closely watched by economists and policymakers as an indicator of trade flows and economic integration 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 measures the total value of exports from Arkansas to Mexico, including agricultural products, manufactured goods, and services. It provides insight into the strength of commercial ties and the potential impact of trade policies on the state's economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this metric to assess the economic relationship between Arkansas and Mexico and the effects of trade agreements or other policies.
Key Facts
- Arkansas exported over $2 billion worth of goods and services to Mexico in 2021.
- Exports to Mexico account for approximately 10% of Arkansas's total international trade.
- The top export categories from Arkansas to Mexico include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of exports from the state of Arkansas to Mexico, providing insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is closely watched by economists and policymakers as an indicator of trade flows and economic integration between Arkansas and Mexico, which can inform decisions on trade policies and economic development.
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: Policymakers and analysts use this metric to assess the economic relationship between Arkansas and Mexico and the effects of trade agreements or other policies on the state's exports and trade-related industries.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Mexico from Arkansas (ARMEXA052SCEN), retrieved from FRED.