Value of Exports to Barbados from New York
NYBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,634,570.00
Year-over-Year Change
-63.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Barbados from New York' measures the dollar value of goods and services exported from the New York region to the Caribbean island nation of Barbados. This metric is important for analyzing trade patterns and economic relationships between the U.S. and its trading partners.
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 economic series provides insights into the commercial ties between New York and Barbados. It tracks the value of physical goods, intellectual property, and services that flow from the New York metropolitan area to the Caribbean market. Analyzing this data can help policymakers and businesses understand broader regional trade dynamics.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
Trends in this export value series are used by economists, trade analysts, and government agencies to monitor the health of the U.S.-Barbados economic relationship.
Key Facts
- Barbados is the 57th largest export destination for the United States.
- New York accounts for over 25% of total U.S. exports to Barbados.
- Export values to Barbados from New York have grown by 7% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the New York region to the Caribbean nation of Barbados.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export flows between the U.S. and its trading partners, like Barbados, provides important insights into the health of regional economic relationships and trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies that export goods and services.
Q: How is this trend used in economic policy?
A: Economists, trade analysts, and government agencies use this data to assess the strength of the U.S.-Barbados economic relationship and inform policy decisions.
Q: Are there update delays or limitations?
A: This data series is published monthly with a 2-3 month lag, and may not capture all cross-border service transactions.
Related Trends
Number of Identified Exporters to Barbados from Hawaii
HIBRBA475SCEN
Number of Identified Exporters to Barbados from North Dakota
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Number of Identified Exporters to Barbados from Nebraska
NEBRBA475SCEN
Number of Identified Exporters to Barbados from Utah
UTBRBA475SCEN
Value of Exports to Barbados from Florida
FLBRBA052SCEN
Number of Identified Exporters to Barbados from New Mexico
NMBRBA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Barbados from New York (NYBRBA052SCEN), retrieved from FRED.