Value of Exports to Germany from District of Columbia
DCDEUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,281,755.00
Year-over-Year Change
-64.14%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Germany from District of Columbia' measures the total value of goods and services exported from the District of Columbia to Germany. This metric is a key indicator of trade and economic activity 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 dollar value of merchandise exports from the District of Columbia to Germany. It is an important measure of the commercial relationship and trade flows between the two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau based on export documentation.
Historical Context
Policymakers and economists use this metric to assess the strength of trade ties and monitor changes in the District's export activity.
Key Facts
- Exports to Germany account for approximately 10% of total exports from the District of Columbia.
- Germany is the District's 3rd largest export destination after Canada and the United Kingdom.
- Machinery and transportation equipment are the top export categories from the District to Germany.
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 Germany. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding the strength of the District's export economy and its commercial ties with Germany, a major trading partner.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on export documentation and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess trade flows, monitor the District's export performance, and inform policies related to international commerce.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis with a 1-2 month lag. There may be limitations in capturing certain types of exports or re-exports.
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Citation
U.S. Federal Reserve, Value of Exports to Germany from District of Columbia (DCDEUA052SCEN), retrieved from FRED.