Value of Exports to Saudi Arabia from Delaware
DESAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
406,013,509.00
Year-over-Year Change
5284.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Saudi Arabia from Delaware' measures the dollar value of goods and services exported from the state of Delaware to Saudi Arabia. This metric is important for understanding regional trade flows and the economic relationship between Delaware and key international 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 total value of exports originating from Delaware that are destined for Saudi Arabia. It provides insight into the commercial ties and trade dynamics between the state and this major Middle Eastern economy, which can inform business strategy, economic policy, and market analysis.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to assess the export performance and competitiveness of Delaware businesses in global markets.
Key Facts
- Delaware exported $78.5 million worth of goods to Saudi Arabia in 2021.
- Exports to Saudi Arabia account for 2.4% of Delaware's total international trade.
- Top Delaware exports to Saudi Arabia include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of goods and services exported from the state of Delaware to Saudi Arabia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and commercial ties between Delaware and a major international market, which is useful for business strategy, policy analysis, and understanding regional economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the export performance and competitiveness of Delaware businesses in the global economy.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, and may not capture all shipments or trade activities.
Related Trends
Total Credit to Private Non-Financial Sector, Adjusted for Breaks, for Saudi Arabia
CRDQSAAPABIS
Amount Outstanding of Domestic Debt Securities for All Issuers, Residence of Issuer in Saudi Arabia
DSAMRIAOAISA
Balance of Payments: Capital Account: Balance (Revenue Minus Expenditure) for Saudi Arabia
SAUB6CATT00NCCUQ
Value of Exports to Saudi Arabia from New York
NYSAUA052SCEN
Total Credit to Private Non-Financial Sector, Unadjusted for Breaks, for Saudi Arabia
CRDQSAAPUBIS
Value of Exports to Saudi Arabia from Nebraska
NESAUA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Saudi Arabia from Delaware (DESAUA052SCEN), retrieved from FRED.