Value of Exports to Singapore from Mississippi
MSSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,049,185.00
Year-over-Year Change
159.71%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the value of exports from the U.S. state of Mississippi to Singapore. It provides insights into Mississippi's trade relationship and economic ties with the Southeast Asian country.
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
The Value of Exports to Singapore from Mississippi measures the total dollar value of goods and services shipped from Mississippi to Singapore. This metric is useful for analyzing Mississippi's export performance and integration with the global economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Policymakers and economists monitor this trend to understand Mississippi's trade patterns and competitiveness in key international markets.
Key Facts
- Mississippi exported $251 million worth of goods to Singapore in 2021.
- Exports to Singapore account for 2.3% of Mississippi's total international trade.
- Chemicals and machinery are Mississippi's top exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total value of exports from the U.S. state of Mississippi to Singapore, providing insights into Mississippi's trade relationship with the Southeast Asian country.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Mississippi's exports to Singapore is important for understanding the state's economic integration 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 trend to analyze Mississippi's trade patterns and inform decisions related to economic development, international trade, and competitiveness.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Mississippi (MSSGPA052SCEN), retrieved from FRED.