Value of Exports to Philippines from New Jersey
NJPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
116,503,921.00
Year-over-Year Change
42.66%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from New Jersey' trend measures the dollar value of goods and services exported from the state of New Jersey to the Philippines. This metric is important for analyzing trade patterns and the performance of New Jersey's export economy.
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 series tracks the total value of exports originating from New Jersey and destined for the Philippines. It provides insights into the trade relationship between the two economies and can be used to assess New Jersey's export competitiveness in key Asian markets.
Methodology
The data is collected and published by the U.S. Census Bureau through its state-level trade statistics program.
Historical Context
Policymakers and businesses use this metric to understand New Jersey's export dynamics and identify opportunities to expand trade with the Philippines.
Key Facts
- New Jersey is a major exporting state, accounting for over $50 billion in total exports annually.
- The Philippines is an important trading partner for New Jersey, ranking among the top 10 destinations for the state's exports.
- Exports to the Philippines make up around 2% of New Jersey's total export value.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of New Jersey to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between New Jersey and the Philippines, which is an important market for the state's exporters.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau through its state-level trade statistics program.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to understand New Jersey's export dynamics and identify opportunities to expand trade with the Philippines.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically a few months after the reference period.
Related Trends
Amount Outstanding of Domestic Money Market instruments in General Government Sector, Short-Term at Original Maturity, Residence of Issuer in Philippines
DMMISTRIAOGGPH
Insurance Company Assets to GDP for Philippines
DDDI11PHA156NWDB
Number of Identified Exporters to Philippines from New Mexico
NMPHLA475SCEN
Constant GDP per capita for the Philippines
NYGDPPCAPKDPHL
Use of Financial Services, Mobile Banking: Registered Number of Mobile Money Accounts for Philippines
PHLFCMARNUM
Amounts Outstanding of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Philippines
IDSGAMNIAOPH
Citation
U.S. Federal Reserve, Value of Exports to Philippines from New Jersey (NJPHLA052SCEN), retrieved from FRED.