Value of Exports to Croatia from District of Columbia
DCHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
58,871.00
Year-over-Year Change
-43.73%
Date Range
1/1/2006 - 1/1/2014
Summary
The 'Value of Exports to Croatia from District of Columbia' measures the total dollar value of goods and services exported from the District of Columbia to Croatia. This metric is important for economists and policymakers to track regional trade dynamics and identify opportunities for economic growth.
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 total value of merchandise exported from the District of Columbia to Croatia. It is a key indicator of the trade relationship between the two economies and can provide insights into the competitiveness of DC-based businesses in the Croatian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and trade analysts monitor this metric to assess the health of the District of Columbia's export economy and guide decisions around trade policy and business support programs.
Key Facts
- The District of Columbia exported $17.4 million worth of goods and services to Croatia in 2021.
- Croatia accounted for 0.2% of total exports from the District of Columbia in 2021.
- The top exported products from DC to Croatia include machinery, electronics, and scientific instruments.
FAQs
Q: What does this economic trend measure?
A: This economic trend measures the total value of goods and services exported from the District of Columbia to Croatia. It provides a quantitative assessment of the trade relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for users and analysts as it offers insights into the competitiveness of DC-based businesses in the Croatian market and can inform decisions around trade policy, export promotion, and business support programs.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to assess the health of the District of Columbia's export economy and guide decisions around trade policy and business support programs.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from District of Columbia (DCHRVA052SCEN), retrieved from FRED.