Value of Exports to Turkey from Tennessee
TNTURA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
118,862,292.00
Year-over-Year Change
-51.96%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Turkey from Tennessee' metric tracks the total dollar value of goods and services exported from the state of Tennessee to the country of Turkey. This provides insight into economic ties and trade patterns 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 series measures the total value of merchandise and services exported from Tennessee to Turkey. It is an important indicator of the commercial relationship and interdependence between the state and country, which can inform trade policy, business strategy, and economic development initiatives.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export series.
Historical Context
Policymakers and businesses use this metric to monitor and analyze Tennessee's trade flows with Turkey, a key trading partner.
Key Facts
- Tennessee exported $305 million in goods and services to Turkey in 2021.
- Turkey was Tennessee's 29th largest export destination in 2021.
- Exports to Turkey account for 1.2% of Tennessee's total international exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of merchandise and services exported from the state of Tennessee to the country of Turkey.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Tennessee and Turkey, a key economic partner, which can inform business strategy, policy decisions, and economic development initiatives.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export series.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to monitor and analyze Tennessee's trade relationship with Turkey, informing decisions around trade policy, market access, and economic cooperation.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, as the Census Bureau's state export series is published with a delay. Additionally, the data may not capture all trade flows, such as certain service exports.
Related Trends
Value of Exports to Republic of Korea from Tennessee
TNKORA052SCEN
Value of Exports to Denmark from Tennessee
TNDNKA052SCEN
Transportation Carbon Dioxide Emissions, Petroleum for Tennessee
EMISSCO2TOTVTCPETNA
Real Gross Domestic Product: Forestry, Fishing, and Related Activities (113-115) in Tennessee
TNFRSTFISHRGSP
Average Weekly Hours of Production Employees: Manufacturing: Durable Goods in Tennessee
SMU47000003100000007A
State Government Tax Collections, Total Taxes in Tennessee
TNTOTLTAX
Citation
U.S. Federal Reserve, Value of Exports to Turkey from Tennessee (TNTURA052SCEN), retrieved from FRED.