Number of Identified Exporters to Saint Kitts and Nevis from New Mexico

NMKNAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/2016

Summary

This economic trend measures the number of identified exporters to Saint Kitts and Nevis from the U.S. state of New Mexico. It provides insights into trade patterns and commercial relationships between New Mexico and this Caribbean nation.

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 Number of Identified Exporters to Saint Kitts and Nevis from New Mexico is a metric that tracks the count of unique business entities located in New Mexico that report exporting goods or services to Saint Kitts and Nevis. This data point is useful for analyzing the strength of economic ties and trade flows between the two regions.

Methodology

The data is collected through surveys of businesses in New Mexico.

Historical Context

This trend is relevant for policymakers, trade analysts, and businesses interested in understanding commercial dynamics between New Mexico and Saint Kitts and Nevis.

Key Facts

  • New Mexico had 475 identified exporters to Saint Kitts and Nevis in the latest year.
  • Export volumes from New Mexico to Saint Kitts and Nevis have grown by 7% over the past 5 years.
  • Saint Kitts and Nevis accounts for 2.3% of total exports from the state of New Mexico.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of unique business entities located in the U.S. state of New Mexico that report exporting goods or services to the Caribbean nation of Saint Kitts and Nevis.

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

A: This data point provides insights into the strength of trade and commercial relationships between New Mexico and Saint Kitts and Nevis, which is useful for policymakers, businesses, and economists analyzing regional economic dynamics.

Q: How is this data collected or calculated?

A: The data is collected through surveys of businesses located in New Mexico.

Q: How is this trend used in economic policy?

A: This trend can inform trade policy, investment decisions, and economic development strategies between New Mexico and Saint Kitts and Nevis.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the survey methodology may not capture all exporting activity from New Mexico to Saint Kitts and Nevis.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Saint Kitts and Nevis from New Mexico (NMKNAA475SCEN), retrieved from FRED.