Value of Exports to Ecuador from Nebraska
NEECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,804,850.00
Year-over-Year Change
171.27%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ecuador from Nebraska' tracks the total value of goods and services exported from the U.S. state of Nebraska to Ecuador. This metric is crucial for understanding Nebraska's international trade dynamics and economic relationships.
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 data series represents the monetary value of all exported products and services originating from the state of Nebraska and destined for Ecuador. It provides insight into the trade balance and commercial ties between these two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this information to assess Nebraska's global market access and competitiveness.
Key Facts
- Nebraska exported $42.3 million worth of goods to Ecuador in 2021.
- Exports from Nebraska to Ecuador have grown by 15% over the past 5 years.
- Top exported products from Nebraska to Ecuador include agricultural machinery and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of all goods and services exported from the U.S. state of Nebraska to the country of Ecuador.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Nebraska's international trade relationships and competitiveness in the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this information to assess Nebraska's global market access and trade dynamics.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may not capture all trade flows.
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Citation
U.S. Federal Reserve, Value of Exports to Ecuador from Nebraska (NEECUA052SCEN), retrieved from FRED.