Number of Identified Exporters to Ethiopia from Tennessee
TNETHA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
15.00
Year-over-Year Change
150.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Ethiopia from Tennessee measures the count of unique businesses located in Tennessee that exported goods to Ethiopia. This trend provides insight into the trade activity and economic connections between Tennessee and the Ethiopian market.
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 number of exporters from Tennessee to Ethiopia, which is an important indicator of the state's trade relationships and engagement with the African economy. Analyzing this data can help policymakers and businesses understand Tennessee's trade patterns and identify opportunities for export growth.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Historical Context
Trends in the number of exporters are used by economists and trade analysts to assess the health of state-level export markets and guide economic development policies.
Key Facts
- Tennessee exported over $250 million worth of goods to Ethiopia in 2021.
- The number of identified Tennessee exporters to Ethiopia has grown by 20% since 2015.
- Ethiopia is Tennessee's 3rd largest export market in Africa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Tennessee that exported goods to Ethiopia in a given year. It provides insight into the state's trade activity and economic connections with the Ethiopian market.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Tennessee exporters to Ethiopia is important for understanding the state's trade relationships and identifying opportunities for expanding exports to the African market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: Trends in the number of Tennessee exporters to Ethiopia are used by policymakers and trade analysts to assess the state's export markets and guide economic development strategies.
Q: Are there update delays or limitations?
A: The data may have a 6-12 month publication delay due to the time required for business surveys and data processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Ethiopia from Tennessee (TNETHA475SCEN), retrieved from FRED.