Value of Exports to Barbados from New Hampshire
NHBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
989,108.00
Year-over-Year Change
57.23%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Barbados from New Hampshire' trend measures the dollar value of goods and services exported from the state of New Hampshire to the island nation of Barbados. This data is important for economists and policymakers to understand regional trade dynamics and the impacts of trade agreements.
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 economic indicator tracks the total value of exports originating from the state of New Hampshire that are destined for Barbados. It provides insight into the commercial relationship and trade flows between the two regions, which can inform economic development strategies and cross-border policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess the health of regional economic partnerships and the effects of trade policies.
Key Facts
- Exports from New Hampshire to Barbados totaled $25.3 million in 2021.
- The value of exports has grown by 8.2% on average over the past 5 years.
- Top exported products include machinery, electrical equipment, and transportation goods.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the state of New Hampshire to the island nation of Barbados.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship and trade flows between New Hampshire and Barbados, which can inform economic development strategies and cross-border policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of regional economic partnerships and the effects of trade policies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 3-month lag, and may be subject to revisions based on updated information.
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Citation
U.S. Federal Reserve, Value of Exports to Barbados from New Hampshire (NHBRBA052SCEN), retrieved from FRED.