Value of Exports to Taiwan from Massachusetts
MATWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
651,526,368.00
Year-over-Year Change
-29.15%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Massachusetts' trend measures the value of goods exported from Massachusetts to Taiwan. This metric is relevant for understanding regional trade patterns and assessing economic ties between the two entities.
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 data series tracks the total dollar value of physical exports from the state of Massachusetts to Taiwan. It provides insights into the strength of the Massachusetts-Taiwan trade relationship and the industries driving this economic connection.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. businesses engaged in international trade.
Historical Context
Policymakers and trade analysts utilize this data to monitor the export activity of Massachusetts and identify opportunities to boost regional exports.
Key Facts
- Massachusetts exported $2.1 billion worth of goods to Taiwan in 2021.
- Taiwan is Massachusetts' 7th largest export destination.
- Exports to Taiwan account for 4.3% of total Massachusetts exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of physical goods exported from the state of Massachusetts to Taiwan.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding regional trade patterns and assessing the strength of economic ties between Massachusetts and Taiwan.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. businesses engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to monitor the export activity of Massachusetts and identify opportunities to boost regional exports.
Q: Are there update delays or limitations?
A: The data is typically published with a 2-3 month delay, and may not capture all export transactions due to survey methodology.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Massachusetts (MATWNA052SCEN), retrieved from FRED.