Value of Exports to Brazil from Texas
TXBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,607,583,922.00
Year-over-Year Change
522.25%
Date Range
1/1/1992 - 1/1/2014
Summary
The 'Value of Exports to Brazil from Texas' measures the total dollar value of goods and services shipped from Texas to Brazil. This metric is important for analyzing trade flows and economic relationships between U.S. states and foreign markets.
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 tracks the export activity between the state of Texas and Brazil, a major trading partner. The data can provide insights into the competitiveness of Texas industries, the impacts of trade policies, and the strength of commercial ties between the two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export statistics program.
Historical Context
Policymakers and economists use this metric to monitor the health of Texas' export sector and its integration with the global economy.
Key Facts
- Texas is the largest exporting state in the U.S.
- Brazil is one of Texas' top trading partners in Latin America.
- Exports to Brazil support thousands of jobs in the Texas economy.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of Texas to Brazil.
Q: Why is this trend relevant for users or analysts?
A: The Texas-Brazil export data provides insights into the trade relationship between the state and a major global market, which is important for analyzing economic competitiveness and the impacts of trade policy.
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 statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to monitor the health of Texas' export sector and its integration with the global economy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and methodological constraints of the U.S. Census Bureau's state export statistics program.
Related Trends
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Production: Construction: Total for Brazil
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Use of Financial Services: Number of Loan Accounts for Households at Other Deposit Takers for Brazil
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Value of Exports to Brazil from Illinois
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Exchange Rate Adjusted Changes of Domestic Debt Securities for All Issuers, Residence of Issuer in Brazil
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from Texas (TXBRAA052SCEN), retrieved from FRED.