Value of Exports to Philippines from Missouri
MOPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
35,634,963.00
Year-over-Year Change
7.52%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Missouri' metric tracks the dollar value of goods and services exported from the state of Missouri to the Philippines. This data provides insight into the trade relationship between Missouri and the Philippines.
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 trend represents the total value of merchandise exported from Missouri to the Philippines. It is an important indicator of the strength of Missouri's export economy and its commercial ties with the Philippines market.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state export statistics program.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Missouri's export sector and guide decisions around trade policy and investment.
Key Facts
- Missouri exported $251 million in goods to the Philippines in 2021.
- The Philippines was Missouri's 33rd largest export destination in 2021.
- Transportation equipment is Missouri's top export category to the Philippines.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of merchandise exported from the U.S. state of Missouri to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Missouri and the Philippines, which is relevant for understanding the state's export economy and guiding trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state export statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Missouri's export sector and guide decisions around trade policy and investment.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag between the reference period and public release.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Missouri (MOPHLA052SCEN), retrieved from FRED.