Value of Exports to Philippines from Delaware
DEPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,682,643.00
Year-over-Year Change
49.47%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Delaware' series measures the total value of merchandise exports from the state of Delaware to the Philippines over time. This metric is important for understanding trade patterns and economic relationships between U.S. states and foreign countries.
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 dollar value of all physical goods and commodities exported from Delaware to the Philippines. It is a key indicator of the trade dynamics and commercial ties between the two economies, providing insights for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Delaware-based exporters and customs records.
Historical Context
Trends in this series are monitored by trade groups, state development agencies, and national economic policymakers to gauge the health of Delaware's export sector and its commercial relationship with the Philippines.
Key Facts
- Delaware exported over $200 million in goods to the Philippines in 2021.
- The Philippines is one of Delaware's top 10 export destinations.
- Semiconductor parts and machinery are major Delaware exports to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of merchandise exports from the state of Delaware to the Philippines over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade dynamics and commercial ties between Delaware's economy and the Philippines, which is important for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Delaware-based exporters and customs records.
Q: How is this trend used in economic policy?
A: Trends in this series are monitored by trade groups, state development agencies, and national economic policymakers to gauge the health of Delaware's export sector and its commercial relationship with the Philippines.
Q: Are there update delays or limitations?
A: The data is subject to the typical update schedules and potential revisions of the U.S. Census Bureau's international trade statistics.
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Value of Exports to Philippines from Nebraska
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Delaware (DEPHLA052SCEN), retrieved from FRED.