Value of Exports to Hong Kong from Arizona
AZHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
407,185,614.00
Year-over-Year Change
150.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Arizona' trend measures the total value of merchandise exports from Arizona to Hong Kong. This metric provides insight into the economic relationship and trade flows between Arizona and one of its key international trading partners.
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 dollar value of physical goods and commodities exported from Arizona to Hong Kong. It is an important indicator of Arizona's export activity and the state's integration into global supply chains and trade networks.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and other administrative sources.
Historical Context
Policymakers and businesses use this trend to monitor Arizona's trade dynamics and competitiveness in key Asian export markets.
Key Facts
- Arizona exported over $1 billion in goods to Hong Kong in 2021.
- Hong Kong was Arizona's 6th largest export destination in 2021.
- Electronics and machinery make up the largest share of Arizona's exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from the state of Arizona to Hong Kong. It tracks the dollar amount of physical goods and commodities shipped from Arizona to this key trading partner.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Arizona's export activity and trade relationship with Hong Kong, one of the state's major international markets. It is an important indicator of Arizona's economic integration and competitiveness in global supply chains.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and other administrative sources tracking the movement of goods across state and international borders.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this trend to monitor Arizona's trade dynamics and the state's performance in key Asian export markets. It informs decisions around economic development, trade policy, and business strategies.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the reporting of this data due to the time required for collection and compilation by statistical agencies. The data may also be subject to revisions as more complete information becomes available.
Related Trends
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Hong Kong SAR
QHKNAM770A
Number of Listed Companies for Hong Kong SAR, China
DDOM01HKA644NWDB
Life Insurance Premium Volume to GDP for Hong Kong SAR, China
DDDI09HKA156NWDB
Use of Financial Services, Liabilities: Outstanding Deposits at Other Depository Corporations for China, P.R.: Hong Kong
HKGFCLODXDC
Net migration for Hong Kong SAR, China
SMPOPNETMHKG
Constant GDP per capita for Hong Kong SAR, China
NYGDPPCAPKDHKG
Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Arizona (AZHKGA052SCEN), retrieved from FRED.