Value of Exports to Philippines from Kansas
KSPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66,433,948.00
Year-over-Year Change
167.02%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Kansas' series measures the dollar value of goods and services exported from the state of Kansas to the Philippines. This metric is important for understanding trade patterns and economic relationships between 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 represents the total value of exports originating from Kansas and destined for the Philippines. Economists and policymakers use this data to analyze trade flows, assess market demand, and inform decisions around international commerce and economic development.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Trends in this export value series can signal changes in the economic relationship between Kansas and the Philippines, with implications for trade policy and business strategy.
Key Facts
- Kansas exported $302 million worth of goods to the Philippines in 2021.
- Exports to the Philippines account for 2.1% of total Kansas exports.
- Aircraft parts are the top export category from Kansas to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the state of Kansas to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: Trends in this export value metric are useful for understanding trade relationships and economic connections between Kansas and the Philippines.
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 records.
Q: How is this trend used in economic policy?
A: Policymakers and economists can use this data to inform trade policy decisions and assess the strength of the economic relationship between Kansas and the Philippines.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 2-3 months after the end of the reference period. State-level trade data may also have some limitations in coverage or accuracy compared to national-level trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Kansas (KSPHLA052SCEN), retrieved from FRED.