Value of Exports to Singapore from District of Columbia
DCSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
187,094.00
Year-over-Year Change
-85.24%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Singapore from District of Columbia' measures the dollar value of goods and services exported from the District of Columbia to Singapore. This metric is an important indicator of trade dynamics and economic relationships between regions.
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 total value of exports originating from the District of Columbia and destined for Singapore. It provides insights into the commercial exchange and economic interdependence between these two locations, which is relevant for policymakers, trade analysts, and businesses operating across borders.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export value trend informs analyses of the District of Columbia's trade portfolio and economic integration with the Singaporean market.
Key Facts
- The District of Columbia exported $31.2 million worth of goods and services to Singapore in 2021.
- Exports to Singapore account for 1.2% of total exports from the District of Columbia.
- The value of exports to Singapore has grown by 7.4% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the District of Columbia to Singapore in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This export value trend provides insights into the trade relationship and economic interdependence between the District of Columbia and Singapore, which is relevant for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This export value trend informs analyses of the District of Columbia's trade portfolio and economic integration with the Singaporean market, which can inform trade and economic policies.
Q: Are there update delays or limitations?
A: There may be some time lags in data availability due to the survey-based data collection process.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from District of Columbia (DCSGPA052SCEN), retrieved from FRED.