Number of Identified Exporters to Republic of Korea from District of Columbia
DCKORA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
-68.97%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Number of Identified Exporters to Republic of Korea from District of Columbia' metric tracks the count of businesses located in the District of Columbia that export goods to South Korea. This data provides insights into international trade patterns for the region.
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 measures the number of unique exporters based in the District of Columbia that ship products to the Republic of Korea (South Korea). It serves as an indicator of the scale and diversity of trade relationships between D.C. and the Asian market.
Methodology
The data is collected through surveys of U.S. businesses and customs declarations.
Historical Context
This metric is used by economists and policymakers to assess the health of D.C.'s export economy and its engagement with key international markets.
Key Facts
- The series dates back to 1997.
- Export counts peaked in 2018 at 252 businesses.
- D.C. accounts for less than 1% of total U.S. exports to South Korea.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of unique businesses located in the District of Columbia that export goods to the Republic of Korea (South Korea).
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and diversity of trade relationships between D.C. and the South Korean market, which is a key indicator of regional economic health and global engagement.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess the performance of D.C.'s export economy and inform decisions around trade, investment, and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a quarterly basis with a 3-month delay.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Republic of Korea from District of Columbia (DCKORA475SCEN), retrieved from FRED.