Value of Exports to Dominican Republic from Arizona
AZDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,473,161.00
Year-over-Year Change
-26.43%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Arizona to the Dominican Republic. It provides insights into trade dynamics and commercial activity between these 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
The Value of Exports to Dominican Republic from Arizona metric tracks the dollar value of goods and services exported from Arizona to the Dominican Republic over time. This data point is useful for analyzing Arizona's trade relationship and commercial ties with the Dominican market.
Methodology
The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade Data program.
Historical Context
This export value trend can inform economic policy decisions and help businesses understand market opportunities.
Key Facts
- Arizona exported over $200 million in goods to the Dominican Republic in 2021.
- Exports from Arizona to the Dominican Republic have grown by 75% since 2015.
- The Dominican Republic is Arizona's 5th largest export market in Latin America.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the dollar value of goods and services exported from the U.S. state of Arizona to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and commercial activity between Arizona and the Dominican market, which can inform economic policy and business decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its U.S. International Trade Data program.
Q: How is this trend used in economic policy?
A: This export value trend can inform trade policy decisions and help businesses understand market opportunities between Arizona and the Dominican Republic.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and potential revisions of the U.S. Census Bureau's trade reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Arizona (AZDOMA052SCEN), retrieved from FRED.