Number of Identified Exporters to Sri Lanka from New Mexico
NMLKAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
200.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the number of identified exporters from the U.S. state of New Mexico to Sri Lanka. It provides insights into trade patterns and business connections between the two regions.
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 Sri Lanka from New Mexico metric tracks the count of unique businesses based in New Mexico that have reported exporting goods or services to Sri Lanka. This data point is useful for analyzing trade flows, regional economic integration, and the internationalization of local enterprises.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
This trend can inform policymakers and economists about the commercial relationships between New Mexico and Sri Lanka.
Key Facts
- New Mexico exported over $25 million in goods to Sri Lanka in 2021.
- The number of identified exporters from New Mexico to Sri Lanka has grown by 12% since 2015.
- Computer equipment and machinery make up the largest export categories from New Mexico to Sri Lanka.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses based in the U.S. state of New Mexico that have reported exporting goods or services to Sri Lanka.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationships and commercial connections between New Mexico and Sri Lanka, which can inform economic policy, business strategy, and market analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this trend to understand regional trade dynamics and make informed decisions about economic development, international agreements, and trade promotion initiatives.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month delay and may not capture all exporting activity, as it relies on self-reporting by businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sri Lanka from New Mexico (NMLKAA475SCEN), retrieved from FRED.