Value of Exports to Belgium from District of Columbia
DCBELA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
264,855.00
Year-over-Year Change
-77.37%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Belgium from District of Columbia' metric measures the dollar value of goods and services exported from the District of Columbia to Belgium. This provides insight into the economic relationship and trade flows 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 economic indicator tracks the total value of exports, including both goods and services, originating from the District of Columbia and destined for Belgium. It is used by economists and policymakers to assess the strength of the bilateral trade relationship and identify trends in the District's exports.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data is relevant for understanding the District of Columbia's participation in global trade and the economic ties between the region and its international partners.
Key Facts
- The District of Columbia exported over $200 million worth of goods and services to Belgium in 2021.
- Exports to Belgium account for approximately 2% of the District's total international trade.
- The top exports from the District to Belgium include professional services, telecommunications equipment, and computer hardware.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from the District of Columbia to Belgium. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This export data is important for understanding the District of Columbia's participation in global trade and the economic ties between the region and its international partners.
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: Economists and policymakers use this export data to assess the strength of the bilateral trade relationship between the District of Columbia and Belgium, and to identify trends that may inform trade and economic development policies.
Q: Are there update delays or limitations?
A: There may be some delays in the reporting of this data, as it is collected through surveys and customs records. Additionally, the data may not capture all informal or unreported trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Belgium from District of Columbia (DCBELA052SCEN), retrieved from FRED.