Number of Identified Exporters to Brazil from South Carolina

SCBRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

402.00

Year-over-Year Change

26.81%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Brazil from South Carolina' series tracks the count of companies located in South Carolina that export goods to Brazil. This metric is a key indicator of international trade activity and economic integration.

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, published by the U.S. Census Bureau, provides insights into the dynamics of South Carolina's export economy, specifically its commercial relationships with Brazil. Policymakers and analysts use this data to monitor trade flows and evaluate the competitiveness of local businesses in global markets.

Methodology

The data is collected through customs and international trade reporting by companies located in South Carolina.

Historical Context

Trends in the number of exporters are relevant for understanding the state's economic development and trade policy priorities.

Key Facts

  • South Carolina exported over $1.2 billion worth of goods to Brazil in 2021.
  • The number of identified exporters from South Carolina to Brazil has increased by 25% since 2015.
  • Machinery, chemicals, and transportation equipment are top export categories from South Carolina to Brazil.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of companies located in South Carolina that export goods to Brazil. It provides insight into the scale and dynamics of the state's export economy.

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

A: Monitoring the number of exporters is important for understanding South Carolina's economic integration with global markets, particularly its commercial relationship with Brazil.

Q: How is this data collected or calculated?

A: The data is collected through customs and international trade reporting by companies located in South Carolina.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this data to track trade flows, evaluate the competitiveness of local businesses, and inform economic development strategies.

Q: Are there update delays or limitations?

A: The data is published with a several month lag, and may not capture all exporting activity due to varying compliance and reporting by businesses.

Related Trends

Citation

U.S. Census Bureau, Number of Identified Exporters to Brazil from South Carolina (SCBRAA475SCEN), retrieved from FRED.