Value of Exports to Brazil from Tennessee
TNBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
506,994,620.00
Year-over-Year Change
87.90%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Brazil from Tennessee' series measures the total value of goods and services exported from the state of Tennessee to Brazil. This metric is an important indicator of trade relationships and economic activity 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 economic trend represents the dollar value of all products and services shipped from Tennessee businesses to Brazil. It reflects the strength of commercial ties and demand for Tennessee-made goods in the Brazilian market. Analyzing this data can provide insights into the state's export performance and competitiveness.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to assess the health of Tennessee's export economy and identify opportunities to expand international business.
Key Facts
- Tennessee is a major exporting state, shipping over $37 billion in goods and services annually.
- Brazil is Tennessee's 8th largest export market, receiving $1.2 billion in goods from the state in 2021.
- Top Tennessee exports to Brazil include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Brazil from Tennessee' series tracks the total dollar value of goods and services shipped from Tennessee businesses to customers in Brazil.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Tennessee and Brazil, which is an important export market for the state. Analyzing the data can inform economic policy, business strategy, and market analysis.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau gathers this information through surveys of companies engaged in exporting goods and services from Tennessee to Brazil.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials use this data to assess the health of Tennessee's export economy and identify opportunities to support businesses expanding into the Brazilian market.
Q: Are there update delays or limitations?
A: The export value data is typically published with a 1-2 month delay. While comprehensive, the series may not capture all small or informal trade activity between Tennessee and Brazil.
Related Trends
Value of Exports to Brazil from Minnesota
MNBRAA052SCEN
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BRAFCBODDLNUM
Infra-Annual Labor Statistics: Unemployment Rate Total: From 15 to 24 Years for Brazil
LRUN24TTBRM156S
Use of Financial Services: Number of Loan Accounts at Commercial Banks for Brazil
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Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Brazil
IDSGAMNINIBR
Nominal General Government Final Consumption Expenditure for Brazil
NCGGSAXDCBRQ
Citation
U.S. Federal Reserve, Value of Exports to Brazil from Tennessee (TNBRAA052SCEN), retrieved from FRED.