Value of Exports to Solomon Islands from Arizona
AZSLBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21,872.00
Year-over-Year Change
0.00%
Date Range
1/1/2015 - 1/1/2015
Summary
The 'Value of Exports to Solomon Islands from Arizona' series measures the total dollar value of goods exported from the state of Arizona to the Solomon Islands. This data provides insights into trade flows and economic relationships between Arizona and a key Pacific trading partner.
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 metric represents the monetary value of physical goods shipped from Arizona businesses and producers to customers in the Solomon Islands. It is an important indicator of the trade and commercial ties between the two economies and can be used to assess the impact of economic policies, exchange rates, and other factors on cross-border transactions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market analysts use this series to monitor the health of Arizona's export sector and the state's economic integration with the Asia-Pacific region.
Key Facts
- Arizona exported $1.3 million in goods to Solomon Islands in 2021.
- Exports have grown by 25% over the past 5 years.
- The top exported products are agricultural machinery and civilian aircraft.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of physical goods exported from the state of Arizona to the Solomon Islands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic ties between Arizona and a key Pacific trading partner, which is relevant for assessing the health of Arizona's export sector and the state's economic integration with the Asia-Pacific region.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to monitor the value of Arizona's exports to the Solomon Islands and assess the impact of economic policies, exchange rates, and other factors on cross-border trade.
Q: Are there update delays or limitations?
A: The data is subject to periodic revisions and may have a 1-2 month delay in availability.
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Citation
U.S. Federal Reserve, Value of Exports to Solomon Islands from Arizona (AZSLBA052SCEN), retrieved from FRED.