Value of Exports to Philippines from North Carolina
NCPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
114,048,343.00
Year-over-Year Change
64.82%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from North Carolina' series measures the total value of goods and services exported from the U.S. state of North Carolina to the Philippines. This metric is important for understanding North Carolina's international trade dynamics and its economic relationship with 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 data series tracks the dollar value of all products and services exported from North Carolina businesses to customers and partners in the Philippines. It provides insight into the strength of North Carolina's export economy and its engagement with a key Asian trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of North Carolina exporters.
Historical Context
Policymakers and economists use this metric to assess North Carolina's export performance and competitiveness in the global marketplace.
Key Facts
- North Carolina exported $305 million in goods and services to the Philippines in 2021.
- The value of North Carolina's exports to the Philippines has grown by 25% over the past 5 years.
- Top exported products from North Carolina to the Philippines include agricultural goods, machinery, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of North Carolina to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into North Carolina's international trade relationships and the strength of its export economy, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of North Carolina exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess North Carolina's export performance and competitiveness in the global marketplace.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, and may not capture all exports depending on survey response rates.
Related Trends
Geographical Outreach: Number of Institutions, Other Depository Corporations for Philippines
PHLFCIODNUM
Fiscal Situation of General Government: Net Lending/borrowing for Philippines
PHLGGXCNLG01GDPPT
Value of Exports to Philippines from Illinois
ILPHLA052SCEN
Number of Bank Branches for Philippines
DDAI02PHA643NWDB
Real Residential Property Prices for Makati, Philippines
QPHR628BIS
Gross Domestic Product Per Capita for Philippines
PCAGDPPHA646NWDB
Citation
U.S. Federal Reserve, Value of Exports to Philippines from North Carolina (NCPHLA052SCEN), retrieved from FRED.