Value of Exports to Romania from Texas

TXROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

78,279,449.00

Year-over-Year Change

97.99%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Romania from Texas' series measures the total dollar value of goods exported from the state of Texas to Romania. This metric is important for tracking trade flows and assessing the economic relationship 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 data series provides insights into the commercial exchange between Texas and Romania, highlighting the importance of their trade partnership. It is used by economists, policymakers, and businesses to analyze trends in cross-border commerce and identify growth opportunities.

Methodology

The data is collected by the U.S. Census Bureau through surveying exporters and compiling trade statistics.

Historical Context

This series is relevant for understanding the broader dynamics of U.S. exports and how Texas-Romania trade fits into national and global economic trends.

Key Facts

  • Texas is one of the largest exporting states in the U.S.
  • Romania is an emerging market in Eastern Europe.
  • Exports from Texas to Romania have grown steadily in recent years.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and products exported from the state of Texas to Romania.

Q: Why is this trend relevant for users or analysts?

A: This data is important for understanding the economic relationship between Texas and Romania, as well as broader trends in U.S. exports and international trade.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveying exporters and compiling trade statistics.

Q: How is this trend used in economic policy?

A: This series is used by economists, policymakers, and businesses to analyze patterns in cross-border commerce and identify opportunities for growth in Texas-Romania trade.

Q: Are there update delays or limitations?

A: The data is subject to the typical update schedule and potential revisions of U.S. Census Bureau trade statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Romania from Texas (TXROUA052SCEN), retrieved from FRED.