Value of Exports to Thailand from Georgia
GATHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
297,050,924.00
Year-over-Year Change
121.69%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from Georgia' measures the dollar value of goods and services exported from the U.S. state of Georgia to Thailand. This metric provides insight into economic trade activity between the two 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 economic indicator tracks the total value of exports originating from Georgia and destined for Thailand. It offers a window into the commercial relationship and trade flows between these two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of commercial ties and identify trends in Georgia's export activity.
Key Facts
- Georgia exported $1.2 billion in goods to Thailand in 2021.
- Exports to Thailand account for 2.5% of Georgia's total international trade.
- Aerospace products are Georgia's top export to Thailand.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of exports from the U.S. state of Georgia to Thailand. It tracks the commercial trade activity between these two economies.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of economic ties between Georgia and Thailand. It is useful for policymakers, trade analysts, and businesses to understand export patterns and identify opportunities.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Governments and trade organizations use this metric to assess the bilateral trade relationship, monitor changes, and inform policies that impact commercial activity between Georgia and Thailand.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade environment. Additionally, the metric only captures exports from Georgia, not the full bilateral trade flow.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Georgia (GATHAA052SCEN), retrieved from FRED.