Value of Exports to Hungary from Delaware
DEHUNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,298,229.00
Year-over-Year Change
384.07%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Hungary from Delaware' series measures the dollar value of goods exported from the U.S. state of Delaware to Hungary. This metric is important for understanding trade patterns 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 data series tracks the monetary value of physical goods shipped from Delaware businesses to consumers or businesses in Hungary. It provides insight into the scale and direction of international trade flows involving a specific U.S. state and foreign country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Historical Context
Policymakers and market analysts use this series to assess Delaware's export competitiveness and the state's economic integration with the Hungarian market.
Key Facts
- Delaware exported $58 million in goods to Hungary in 2021.
- Exports to Hungary account for 1.2% of total Delaware exports.
- The top Delaware export to Hungary is chemical products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods exported from the U.S. state of Delaware to Hungary.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Delaware's trade relationships and economic integration with the Hungarian market, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses engaged in exporting activities.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to assess Delaware's export competitiveness and the state's economic integration with the Hungarian market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity, especially for smaller businesses.
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Citation
U.S. Federal Reserve, Value of Exports to Hungary from Delaware (DEHUNA052SCEN), retrieved from FRED.