Value of Exports to Denmark from District of Columbia
DCDNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167,815.00
Year-over-Year Change
-87.34%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Denmark from District of Columbia' trend measures the total monetary value of goods and services exported from the District of Columbia to Denmark. This metric is important for economists and policymakers to track regional trade flows and assess the economic relationship between the two areas.
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 data series represents the dollar value of all physical goods and intangible services exported from businesses and organizations located in the District of Columbia to customers and clients in Denmark. It provides insight into the scale and direction of trade activity between the two regions.
Methodology
The U.S. Census Bureau collects this data through mandatory surveys of U.S. exporters.
Historical Context
Analysts and policymakers use this series to monitor the health of the District of Columbia's export economy and its commercial ties with Denmark.
Key Facts
- District of Columbia exports to Denmark totaled $123 million in 2021.
- Denmark was the 5th largest export destination for goods from D.C. in 2021.
- Exports to Denmark account for 3.2% of total exports from the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total monetary value of goods and services exported from businesses and organizations located in the District of Columbia to customers and clients in Denmark.
Q: Why is this trend relevant for users or analysts?
A: Tracking the value of exports from D.C. to Denmark provides insight into the scale and direction of trade activity between the two regions, which is important for understanding the health of the District's export economy and its commercial ties with Denmark.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through mandatory surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to monitor the District of Columbia's export economy and its commercial relationship with Denmark, which can inform trade, economic development, and foreign policy decisions.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month delay in the reporting of this data by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Denmark from District of Columbia (DCDNKA052SCEN), retrieved from FRED.