Number of Identified Exporters to Barbados from Nevada
NVBRBA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
650.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The Number of Identified Exporters to Barbados from Nevada measures the count of businesses located in Nevada that export goods to Barbados. This metric provides insight into the trade relationship between Nevada and the 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
This data series tracks the number of unique Nevada-based companies that have reported exporting products or services to Barbados. It serves as an indicator of the commercial ties and export activity between the state and that destination market.
Methodology
The data is collected through mandatory exporter reporting to the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this information to understand Nevada's export patterns and economic integration with the Caribbean region.
Key Facts
- Nevada exported over $25 million in goods to Barbados in 2021.
- The number of Nevada exporters to Barbados has grown by 12% since 2015.
- Machinery and agricultural products are Nevada's top exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the number of unique businesses located in Nevada that have reported exporting goods or services to Barbados.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Nevada and the Caribbean nation of Barbados, which is useful for policymakers and economic development professionals.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by U.S. exporters to the Census Bureau.
Q: How is this trend used in economic policy?
A: Governments and trade analysts use this information to understand Nevada's export patterns and economic integration with the Caribbean region, which can inform trade policy and investment decisions.
Q: Are there update delays or limitations?
A: There is typically a 6-9 month lag in reporting the latest data, and the series only covers direct exports from Nevada to Barbados, not re-exports or indirect trade.
Related Trends
Geographical Outreach: Number of Commercial Banks for Barbados
BRBFCIODCNUM
Value of Exports to Barbados from California
CABRBA052SCEN
Use of Financial Services, Liabilities: Outstanding Deposits at Other Deposit Takers for Barbados
BRBFCLODDXDC
Fiscal Year Gross Domestic Product for Barbados
BRBNGDPFY
Use of Financial Services, Liabilities: Outstanding Deposits by Households at Commercial Banks for Barbados
BRBFCLODCHXDC
Gross Domestic Product for Barbados
MKTGDPBBA646NWDB
Citation
U.S. Federal Reserve, Number of Identified Exporters to Barbados from Nevada (NVBRBA475SCEN), retrieved from FRED.