Number of Identified Exporters to Brazil from Washington
WABRAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
322.00
Year-over-Year Change
34.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Brazil from Washington' trend tracks the count of businesses based in Washington state that export goods to Brazil. This metric offers insights into the trade 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 series represents the total number of unique Washington-based companies that have reported exporting to Brazil in a given year. It provides a high-level gauge of the scale and participation of Washington's exporters in the Brazilian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses.
Historical Context
Policymakers and trade analysts monitor this metric to assess the health of Washington's export economy and commercial ties with Brazil.
Key Facts
- Washington is the 10th largest exporting state in the U.S.
- Brazil is Washington's 11th largest export destination.
- The number of identified Washington exporters to Brazil peaked at 1,071 in 2015.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the total number of unique businesses based in Washington state that have reported exporting goods to Brazil in a given year.
Q: Why is this trend relevant for users or analysts?
A: The number of identified Washington exporters to Brazil provides insight into the scale and participation of the state's companies in the Brazilian market, which is a key indicator of trade and economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to assess the health of Washington's export economy and commercial relationship with Brazil.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year may not be immediately available.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Brazil from Washington (WABRAA475SCEN), retrieved from FRED.