Number of Identified Exporters to Singapore from Hawaii

HISGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

38.00

Year-over-Year Change

31.03%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Singapore from Hawaii' trend tracks the number of businesses in Hawaii that export goods to Singapore. This metric is valuable for understanding Hawaii's trade relationships and economic activity.

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 measures the total count of unique exporting entities located in Hawaii that have shipped merchandise to Singapore. It provides insights into the scale and diversity of Hawaii's export markets and can help analysts evaluate the state's trade position and commercial integration.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Historical Context

Policymakers and economists use this metric to assess Hawaii's export performance and competitiveness in global markets.

Key Facts

  • Hawaii exported over $300 million in goods to Singapore in 2021.
  • The number of identified Hawaii exporters to Singapore has grown by 25% since 2015.
  • Singapore is Hawaii's 4th largest export market by value.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of unique businesses located in Hawaii that have exported goods to Singapore. It provides insights into the scale and diversity of Hawaii's export markets.

Q: Why is this trend relevant for users or analysts?

A: This metric is valuable for understanding Hawaii's trade relationships and economic activity. It helps analysts evaluate the state's export performance and competitiveness in global markets.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Hawaii's export position and guide decisions related to trade, economic development, and commercial integration.

Q: Are there update delays or limitations?

A: The data is subject to the reporting timelines and methodological considerations of the U.S. Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Singapore from Hawaii (HISGPA475SCEN), retrieved from FRED.