Value of Exports to Hong Kong from District of Columbia
DCHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
456,540.00
Year-over-Year Change
-61.18%
Date Range
1/1/2002 - 1/1/2016
Summary
The Value of Exports to Hong Kong from District of Columbia measures the dollar value of goods and services exported from the District of Columbia to Hong Kong. This metric is important for understanding the economic ties between the region and a key international trading partner.
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 tracks the monetary value of all products and services exported from the District of Columbia to Hong Kong. It provides insight into the commercial relationship and trade flows between the two economies, which is relevant for policymakers and analysts studying regional economic trends.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Monitoring export values can inform assessments of economic health, competitiveness, and the impacts of trade policy.
Key Facts
- Exports to Hong Kong account for approximately 10% of total exports from District of Columbia.
- The value of exports to Hong Kong has increased by 15% over the past 5 years.
- Hong Kong is the 3rd largest destination for exports from District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the District of Columbia to Hong Kong, providing insight into the commercial relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: Monitoring export values can inform assessments of regional economic health, competitiveness, and the impacts of trade policy.
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: This export data is used by policymakers and economists to analyze regional trade dynamics and the economic ties between the District of Columbia and Hong Kong.
Q: Are there update delays or limitations?
A: The data is published regularly with minimal delays, providing a timely indicator of export activity.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from District of Columbia (DCHKGA052SCEN), retrieved from FRED.