Number of Identified Exporters to Sri Lanka from Tennessee
TNLKAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
44.00
Year-over-Year Change
22.22%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Sri Lanka from Tennessee' series tracks the count of unique businesses located in Tennessee that export goods to Sri Lanka. This metric provides insight into the trade relationship between the state and the foreign 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 data series, collected by the U.S. Census Bureau, measures the number of distinct Tennessee-based companies that export products to Sri Lanka in a given year. It offers an indication of the level of trade and economic engagement between the two regions.
Methodology
The data is calculated from mandatory business reporting on export transactions.
Historical Context
The trend is used by economists, policymakers, and market analysts to evaluate the depth of Tennessee's commercial ties with Sri Lanka.
Key Facts
- The number of Tennessee exporters to Sri Lanka peaked in 2019 at 68.
- In 2020, the number of identified exporters declined by 16% to 57.
- Manufacturing and agriculture are the top exporting sectors from Tennessee to Sri Lanka.
FAQs
Q: What does this economic trend measure?
A: This series tracks the count of unique Tennessee-based businesses that export goods to Sri Lanka in a given year.
Q: Why is this trend relevant for users or analysts?
A: The number of exporters provides insight into the depth of the economic relationship between Tennessee and Sri Lanka, which is valuable for trade policy, market analysis, and regional economic development.
Q: How is this data collected or calculated?
A: The data is calculated by the U.S. Census Bureau from mandatory business reporting on export transactions.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate trade patterns and the impact of policies on Tennessee's commercial ties with Sri Lanka.
Q: Are there update delays or limitations?
A: The data is released annually with a lag, and may not capture all exporting businesses due to reporting requirements.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Sri Lanka from Tennessee (TNLKAA475SCEN), retrieved from FRED.