Value of Exports to the Plurinational State of Bolivia from New York
NYBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,321,989.00
Year-over-Year Change
169.90%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to the Plurinational State of Bolivia from New York' series measures the total dollar value of goods and services exported from the state of New York to Bolivia. This metric is important for assessing regional trade dynamics and the strength of economic ties 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
This series tracks the value of all exports originating in New York state that are destined for the Plurinational State of Bolivia. It includes physical goods as well as services and intellectual property. The data is used by economists, policymakers, and businesses to understand trade flows and identify opportunities or risks in the bilateral economic relationship.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Trends in this series are relevant for trade policy analysis, market access assessments, and supply chain management decisions.
Key Facts
- New York is the 3rd largest exporting state in the U.S.
- Bolivia is one of the fastest-growing economies in South America.
- Services make up over 40% of total U.S. exports to Bolivia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of New York to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: Tracking export values is important for understanding regional trade dynamics and the strength of economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Trends in this series are relevant for trade policy analysis, market access assessments, and supply chain management decisions.
Q: Are there update delays or limitations?
A: The data is subject to typical lags in Census Bureau reporting, usually 1-2 months.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from New York (NYBOLA052SCEN), retrieved from FRED.