Value of Exports to Denmark from Delaware
DEDNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,257,474.00
Year-over-Year Change
105.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Denmark from Delaware metric tracks the dollar value of goods and services exported from the state of Delaware to Denmark. This measure provides insights into the economic relationship between Delaware and one of its key international trading partners.
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
The Value of Exports to Denmark from Delaware series represents the monetary value of all products and services exported from the state of Delaware to the country of Denmark. This metric is used by economists and policymakers to analyze the strength of Delaware's trade ties with Denmark and the state's overall export performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Delaware-based companies and exporters.
Historical Context
This export value trend is relevant for understanding Delaware's trade dynamics and can inform economic development and trade policy decisions.
Key Facts
- Delaware exported $258 million worth of goods and services to Denmark in 2021.
- Exports to Denmark account for 3.2% of Delaware's total international exports.
- The top export categories from Delaware to Denmark are chemicals, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of Delaware to the country of Denmark.
Q: Why is this trend relevant for users or analysts?
A: This export value trend provides insights into the strength of Delaware's trade relationship with Denmark, which is an important economic indicator for the state's businesses and policymakers.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Delaware-based companies and exporters.
Q: How is this trend used in economic policy?
A: This export value trend can inform economic development and trade policy decisions by state and federal governments, as well as provide market insights for businesses operating in Delaware.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month delay, and may not capture all exports due to limitations in survey responses.
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Citation
U.S. Federal Reserve, Value of Exports to Denmark from Delaware (DEDNKA052SCEN), retrieved from FRED.