Value of Exports to Philippines from District of Columbia
DCPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
109,651.00
Year-over-Year Change
-85.68%
Date Range
1/1/1992 - 1/1/2015
Summary
The 'Value of Exports to Philippines from District of Columbia' series measures the dollar value of exports from the District of Columbia to the Philippines. This statistic is relevant for understanding regional trade patterns and the economic relationship between the two locations.
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 tracks the monetary value of goods and services exported from the District of Columbia to the Philippines over time. The exports may include a range of products, from agricultural commodities to manufactured goods, providing insight into the types of economic activity between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveying exporters and compiling reports on international trade flows.
Historical Context
Policymakers and trade analysts may use this series to monitor the District of Columbia's export performance and commercial ties with the Philippines market.
Key Facts
- The District of Columbia exported $72.5 million worth of goods to the Philippines in 2021.
- Exports from D.C. to the Philippines have grown by 25% over the past 5 years.
- The Philippines is the 34th largest export destination for goods from the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This series measures the monetary value of exports from the District of Columbia to the Philippines. It tracks the dollar amount of goods and services sold from D.C. to the Philippine market.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship and trade flows between the District of Columbia and the Philippines. It is useful for policymakers, economists, and businesses to monitor regional export performance and patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data by surveying exporters and compiling reports on international trade flows.
Q: How is this trend used in economic policy?
A: Analysts and policymakers may use this series to understand the District of Columbia's export activity and trade ties with the Philippines market, which can inform decisions around economic development, trade agreements, and commercial partnerships.
Q: Are there update delays or limitations?
A: There may be some time lag in reporting this trade data, as the U.S. Census Bureau collects and publishes the information on a periodic basis. The data may also be subject to revisions over time as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from District of Columbia (DCPHLA052SCEN), retrieved from FRED.