Value of Exports to Republic of Korea from Delaware
DEKORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
57,530,056.00
Year-over-Year Change
28.37%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Republic of Korea from Delaware' series measures the total value of goods and services exported from the state of Delaware to South Korea. This metric is important for understanding Delaware's international trade dynamics and economic ties with key global markets.
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 tracks the dollar value of all products and services shipped from Delaware to the Republic of Korea. It provides insight into the scale and composition of Delaware's export activity, which is a crucial component of the state's overall economic performance and competitiveness.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this series to assess Delaware's export-driven growth and the state's commercial integration with major Asian trading partners.
Key Facts
- Delaware exported $305 million worth of goods to South Korea in 2021.
- Chemicals and computer/electronic products are Delaware's top exports to South Korea.
- South Korea is Delaware's 5th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Delaware to the Republic of Korea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Delaware's international trade dynamics and economic ties with a key global market, which is crucial for understanding the state's overall economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to assess Delaware's export-driven growth and the state's commercial integration with major Asian trading partners.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to limitations in survey coverage.
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Citation
U.S. Federal Reserve, Value of Exports to Republic of Korea from Delaware (DEKORA052SCEN), retrieved from FRED.