Value of Exports to Philippines from California
CAPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,088,800,197.00
Year-over-Year Change
0.08%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from California' series measures the total value of goods and services exported from California to the Philippines. This metric is important for economists and policymakers to track California's international trade and economic relationships.
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 dollar value of all products and services exported from California to the Philippines in a given time period. It is a key indicator of the trade and economic ties between the two regions and can inform decisions around tariffs, regulations, and economic development.
Methodology
The data is collected by the U.S. Census Bureau through surveys of California exporters.
Historical Context
Trends in this series are closely monitored by California state agencies, trade organizations, and Philippine economic officials.
Key Facts
- California is the top exporting state in the U.S.
- The Philippines is California's 13th largest export market.
- Computer and electronic products account for over 40% of California's exports to the Philippines.
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 California to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: Tracking California's exports to the Philippines is important for understanding the state's international trade relationships and economic ties with key Asian markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of California exporters.
Q: How is this trend used in economic policy?
A: Trends in this series are closely monitored by California state agencies, trade organizations, and Philippine economic officials to inform decisions around tariffs, regulations, and economic development.
Q: Are there update delays or limitations?
A: There may be lags of several months in the latest data being available due to the time required for the Census Bureau to collect and process the information from exporters.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from California (CAPHLA052SCEN), retrieved from FRED.