Value of Exports to Ethiopia from Nevada

NVETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

297,150.00

Year-over-Year Change

93.25%

Date Range

1/1/2010 - 1/1/2012

Summary

The 'Value of Exports to Ethiopia from Nevada' metric tracks the dollar value of goods and services exported from the U.S. state of Nevada to the country of Ethiopia. This data point is relevant for understanding Nevada's international trade patterns and economic integration with Africa.

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 'Value of Exports to Ethiopia from Nevada' series provides a state-level breakdown of U.S. exports, shedding light on regional economic activity and trade dynamics. Economists and policymakers use this data to analyze Nevada's export composition, competitiveness, and evolving commercial relationships.

Methodology

This data is collected and reported by the U.S. Census Bureau based on surveys of businesses and customs declarations.

Historical Context

The export trends captured in this series are of interest to trade analysts, economic development agencies, and businesses seeking to expand their international presence.

Key Facts

  • Nevada's exports to Ethiopia totaled $5.3 million in 2021.
  • The top export categories from Nevada to Ethiopia are machinery, electronics, and transportation equipment.
  • Ethiopia is Nevada's 49th largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Ethiopia from Nevada' metric tracks the dollar value of goods and services exported from the U.S. state of Nevada to the country of Ethiopia.

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

A: This data is relevant for understanding Nevada's international trade patterns, identifying export opportunities, and analyzing the state's economic integration with Africa.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: The export trends captured in this series are used by trade analysts, economic development agencies, and businesses to inform decisions about international market expansion and competitiveness.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the series does not capture informal or unreported trade activities.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Ethiopia from Nevada (NVETHA052SCEN), retrieved from FRED.