Number of Identified Exporters to Brazil from Arizona
AZBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
213.00
Year-over-Year Change
58.96%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from Arizona' measures the total number of businesses in Arizona that export goods and services to Brazil. This metric is important for economists and policymakers to understand trade dynamics and the health of Arizona's export sector.
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 exporters based in Arizona that ship products or services to Brazil. It provides insight into the level of economic engagement and trade relationships between Arizona and the Brazilian market.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to assess Arizona's export performance and competitiveness in the Brazilian market.
Key Facts
- Arizona exported $1.1 billion worth of goods to Brazil in 2021.
- The number of identified Arizona exporters to Brazil grew by 8% from 2020 to 2021.
- Brazil is Arizona's 5th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses based in Arizona that export goods or services to Brazil. It provides insight into the level of trade engagement between the state and the Brazilian market.
Q: Why is this trend relevant for users or analysts?
A: This data is important for economists, trade analysts, and policymakers to understand Arizona's export performance and competitiveness in the Brazilian market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Arizona's export dynamics and inform decisions around economic development, trade agreements, and export promotion initiatives.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 year lag due to the time required for collection and compilation by statistical agencies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Arizona (AZBRAA475SCEN), retrieved from FRED.