Value of Exports to Australia from Delaware
DEAUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,183,649.00
Year-over-Year Change
58.62%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Australia from Delaware' series measures the dollar value of goods exported from the U.S. state of Delaware to Australia. This metric is important for understanding Delaware's trade dynamics and economic integration with the global market.
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 economic indicator tracks the total value of merchandise, commodities, and other products shipped from Delaware to Australia. It provides insight into the trade relationship between the state and this key international partner, which is relevant for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Delaware-based exporters.
Historical Context
The value of Delaware's exports to Australia is a key indicator of the state's participation in global trade and economic competitiveness.
Key Facts
- Delaware exported over $250 million worth of goods to Australia in 2021.
- Australia is Delaware's 7th largest export destination globally.
- Machinery and chemical products are Delaware's top exports to Australia.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and products exported from the U.S. state of Delaware to Australia.
Q: Why is this trend relevant for users or analysts?
A: The value of Delaware's exports to Australia provides insight into the state's trade relationship and economic integration with a key global market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Delaware-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to evaluate Delaware's participation in international trade and the competitiveness of its exports.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Australia from Delaware (DEAUSA052SCEN), retrieved from FRED.