Value of Exports to Dominican Republic from Delaware
DEDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,287,576.00
Year-over-Year Change
302.72%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Delaware' series measures the dollar value of goods exported from the U.S. state of Delaware to the Dominican Republic. This metric is important for economists and policymakers to understand trade dynamics and regional economic activity.
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 represents the total value of merchandise exported from Delaware to the Dominican Republic. It is a useful indicator of the trade relationship and commercial activity between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and market analysts use this series to assess the health of Delaware's export sector and the state's engagement with the Dominican market.
Key Facts
- Delaware exported $78.5 million worth of goods to the Dominican Republic in 2021.
- The Dominican Republic is Delaware's 15th largest export destination.
- Machinery and chemicals make up the majority of Delaware's exports to the Dominican Republic.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of merchandise exported from the U.S. state of Delaware to the Dominican Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding regional trade dynamics and the commercial relationship between Delaware and the Dominican Republic.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to assess the health of Delaware's export sector and the state's engagement with the Dominican market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exports, especially for smaller businesses.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Delaware (DEDOMA052SCEN), retrieved from FRED.