Value of Exports to Philippines from Florida
FLPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
84,306,413.00
Year-over-Year Change
84.97%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Florida' trend measures the total value of goods and services exported from the state of Florida to the Philippines. This metric is important for analyzing trade flows and economic relationships between U.S. states and international 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
This series represents the nominal dollar value of all exports originating from Florida and destined for the Philippines. It is a key indicator of the strength of economic ties and commercial activity between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual state-level export statistics program.
Historical Context
Policymakers and market analysts use this trend to gauge the relative importance of the Philippines as an export destination for Florida businesses and industries.
Key Facts
- Florida is one of the top exporting states in the U.S.
- The Philippines is an important trading partner for many U.S. states
- Export values can fluctuate due to exchange rates and trade policies
FAQs
Q: What does this economic trend measure?
A: This trend measures the total nominal dollar value of goods and services exported from the state of Florida to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between Florida and the Philippines, which is useful for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual state-level export statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to gauge the importance of the Philippines as an export destination for Florida businesses and industries, which can inform trade and economic development policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, as the series is updated annually based on the Census Bureau's state export statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Florida (FLPHLA052SCEN), retrieved from FRED.