Number of Identified Exporters to Saudi Arabia from Washington
WASAUA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
270.00
Year-over-Year Change
78.81%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of businesses in the state of Washington that export to Saudi Arabia. It provides insights into trade dynamics and economic relationships between the region and a key international market.
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
The Number of Identified Exporters to Saudi Arabia from Washington is a metric that tracks the count of companies based in Washington state that sell goods or services to customers in Saudi Arabia. This data point is used by economists and policymakers to analyze patterns in international trade and assess the economic ties between the two regions.
Methodology
The data is collected through surveys and administrative records by government statistical agencies.
Historical Context
This trend is relevant for understanding the state of economic and trade relations between Washington and Saudi Arabia, which can inform policy decisions and business strategies.
Key Facts
- Washington state is a major exporter to Saudi Arabia.
- The number of identified exporters has fluctuated in recent years.
- Trade with Saudi Arabia is an important component of Washington's economy.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the state of Washington that export goods or services to customers in Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic relationship and trade dynamics between Washington state and Saudi Arabia, which is valuable information for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by government statistical agencies.
Q: How is this trend used in economic policy?
A: This trend can inform policy decisions related to international trade, economic development, and the promotion of Washington-based businesses in the Saudi Arabian market.
Q: Are there update delays or limitations?
A: There may be some time lag in the data due to the collection process, and the metric may not capture all exporting activity from Washington to Saudi Arabia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Saudi Arabia from Washington (WASAUA475SCEN), retrieved from FRED.