Value of Exports to United Kingdom from Delaware
DEGBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
317,467,486.00
Year-over-Year Change
1613.53%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the value of exports from the U.S. state of Delaware to the United Kingdom. It provides insights into Delaware's international trade dynamics and economic relationship with one of its key 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 United Kingdom from Delaware' series tracks the dollar value of goods and services exported from Delaware to the UK over time. This metric is useful for analyzing Delaware's export performance, trade flows, and economic integration with the British market.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this trend to monitor Delaware's export competitiveness and the state's exposure to trade conditions with the UK.
Key Facts
- Delaware exported $1.2 billion worth of goods to the UK in 2021.
- Exports to the UK account for 6% of Delaware's total exports.
- Chemicals and machinery are Delaware's top exports to the UK.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of goods and services exported from the U.S. state of Delaware to the United Kingdom.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Delaware's trade relationship and economic integration with the UK, a key export market for the state.
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 economists use this trend to monitor Delaware's export competitiveness and exposure to trade conditions with the UK.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture the most recent trade flows between Delaware and the UK.
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Citation
U.S. Federal Reserve, Value of Exports to United Kingdom from Delaware (DEGBRA052SCEN), retrieved from FRED.