Value of Exports to Saudi Arabia from Vermont

VTSAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3,995,308.00

Year-over-Year Change

113.22%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Saudi Arabia from Vermont' measures the total dollar value of goods exported from the U.S. state of Vermont to Saudi Arabia. This metric provides insight into Vermont's trade relationship with a key international partner.

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 monthly value of exports leaving Vermont and arriving in Saudi Arabia. It is an important indicator for understanding Vermont's export economy and its commercial ties to the Middle East region.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Policymakers and trade analysts use this metric to monitor economic activity and commercial trends between Vermont and Saudi Arabia.

Key Facts

  • Vermont exported $12.4 million worth of goods to Saudi Arabia in 2021.
  • Exports to Saudi Arabia account for 2.9% of total Vermont exports.
  • Top Vermont exports to Saudi Arabia include machinery, electronics, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods exported from the U.S. state of Vermont to Saudi Arabia on a monthly basis.

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

A: This metric provides insight into Vermont's trade relationship with a key international partner, offering valuable data for policymakers, businesses, and trade analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to monitor economic activity and commercial trends between Vermont and Saudi Arabia, informing trade policy and business strategies.

Q: Are there update delays or limitations?

A: There may be delays in data reporting due to the time required for collection and processing, but the metric provides a reliable, up-to-date view of Vermont's exports to Saudi Arabia.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saudi Arabia from Vermont (VTSAUA052SCEN), retrieved from FRED.