Value of Exports to Panama from Arizona
AZPANA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,390,690.00
Year-over-Year Change
726.61%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Panama from Arizona measures the dollar value of goods and services exported from the state of Arizona to the country of Panama. This metric is important for economists and policymakers to understand regional trade patterns and economic linkages.
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 Panama from Arizona represents the commercial activity and economic integration between the state of Arizona and the country of Panama. It is used to analyze trade flows, identify growth opportunities, and inform policies that affect cross-border commerce.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Historical Context
This metric is relevant for understanding Arizona's trade position and competitiveness in Panamanian markets.
Key Facts
- Arizona exported $1.2 billion worth of goods to Panama in 2021.
- Panama is Arizona's 13th largest export destination globally.
- Aerospace products and parts make up the largest category of Arizona's exports to Panama.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Panama from Arizona measures the dollar value of goods and services exported from the state of Arizona to the country of Panama.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding regional trade patterns, identifying growth opportunities, and informing policies that affect cross-border commerce between Arizona and Panama.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and analysts seeking to understand Arizona's trade position and competitiveness in Panamanian markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Panama from Arizona (AZPANA052SCEN), retrieved from FRED.