Value of Exports to Thailand from Arizona

AZTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

514,690,574.00

Year-over-Year Change

1.78%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Thailand from Arizona' measures the dollar value of goods and services exported from the state of Arizona to Thailand. This metric is important for understanding Arizona's international trade relationships and economic performance.

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 total value of exports originating from Arizona businesses and shipped to customers in Thailand. It provides insight into the commercial activity and economic ties between Arizona and one of its key international trading partners.

Methodology

The data is collected through surveys of Arizona exporters and compiled by the U.S. Census Bureau.

Historical Context

Policymakers and businesses use this metric to assess Arizona's export competitiveness and the state's integration with global markets.

Key Facts

  • Arizona exported $258 million in goods to Thailand in 2021.
  • Thailand was Arizona's 10th largest export destination globally.
  • Computer and electronic products are Arizona's top exports to Thailand.

FAQs

Q: What does this economic trend measure?

A: This metric measures the total dollar value of goods and services exported from the state of Arizona to customers in Thailand.

Q: Why is this trend relevant for users or analysts?

A: This data provides insight into Arizona's international trade relationships and the state's economic integration with global markets.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Arizona exporters and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and businesses use this metric to assess Arizona's export competitiveness and the state's integration with the global economy.

Q: Are there update delays or limitations?

A: The data is published monthly with a 1-2 month lag due to the time required for data collection and reporting.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Thailand from Arizona (AZTHAA052SCEN), retrieved from FRED.