Value of Exports to the Plurinational State of Bolivia from Nevada
NVBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
506,047.00
Year-over-Year Change
5.53%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to the Plurinational State of Bolivia from Nevada' series measures the total value of goods and services exported from the U.S. state of Nevada to Bolivia. This metric is important for understanding Nevada's international trade 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 tracks the value of all merchandise and services exported from Nevada to Bolivia. It provides insight into the commercial ties between the two economies and the importance of the Bolivian market for Nevada-based businesses and industries.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this series to evaluate Nevada's export performance and competitiveness in the Bolivian market.
Key Facts
- Nevada exported $42.7 million worth of goods and services to Bolivia in 2021.
- Mining, agriculture, and machinery were Nevada's top export categories to Bolivia.
- Bolivia was Nevada's 58th largest export destination in 2021.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of exports from the U.S. state of Nevada to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into Nevada's international trade relationships and the importance of the Bolivian market for the state's economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects the data through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to evaluate Nevada's export performance and competitiveness in the Bolivian market.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and survey methodologies of the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Nevada (NVBOLA052SCEN), retrieved from FRED.