Value of Exports to Russia from Arkansas
ARRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,373,682.00
Year-over-Year Change
-91.32%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Arkansas' metric tracks the dollar value of goods and services exported from the state of Arkansas to Russia. This data provides insight into Arkansas' economic ties and trade relationship with Russia.
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 economic series represents the total value of exports originating from Arkansas and destined for Russia. It is a key indicator of the commercial activity and trade flows between the state and this international market, which is relevant for understanding Arkansas' export-oriented industries and global economic integration.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policy analysts and economists use this metric to assess Arkansas' export performance and the impacts of trade policy on the state's economy.
Key Facts
- Arkansas exported $78 million worth of goods to Russia in 2021.
- Exports to Russia account for 0.5% of total exports from Arkansas.
- Soybeans, poultry, and aircraft parts are major Arkansas exports to Russia.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the state of Arkansas to Russia. It provides insight into Arkansas' trade relationship and commercial ties with the Russian market.
Q: Why is this trend relevant for users or analysts?
A: This data is relevant for understanding Arkansas' export performance, global economic integration, and the potential impacts of trade policy changes on the state's economy.
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: Policy analysts and economists use this metric to assess Arkansas' export activity and inform decisions related to trade agreements, tariffs, and other policies affecting the state's economy.
Q: Are there update delays or limitations?
A: The data is subject to updates and revisions by the Census Bureau, and there may be some delay in the availability of the most recent figures.
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Consumer Price Index: Transport (COICOP 07): Total for Russia
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Infra-Annual Labor Statistics: Labor Force Total: 15 Years or over for Russia
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Nominal General Government Final Consumption Expenditure, Collective for Russia
NCGGCNSAXDCRUQ
Value Traded of Top 10 Traded Companies to Total Value Traded for Russian Federation
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Arkansas (ARRUSA052SCEN), retrieved from FRED.