Value of Exports to Hong Kong from New York
NYHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,026,927,534.00
Year-over-Year Change
313.57%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from New York' series measures the dollar value of goods exported from the state of New York to the special administrative region of Hong Kong. This metric provides insights into trade activity between these key economic partners.
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 volume of exports flowing from New York to Hong Kong, an important commercial hub and financial center. Analyzing trends in this metric can inform assessments of regional trade dynamics and the strength of economic ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through its reporting of international trade statistics.
Historical Context
Policymakers and economists use this series to monitor the health of New York's export economy and its commercial relationship with Hong Kong.
Key Facts
- New York is the largest exporting state in the U.S.
- Hong Kong is the 7th largest export destination for U.S. goods.
- Trade with Hong Kong supports thousands of jobs in New York.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the dollar value of goods exported from the state of New York to the special administrative region of Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this metric provides insights into the trade relationship between New York and Hong Kong, which is an important commercial and financial center.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its reporting of international trade statistics.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to monitor the health of New York's export economy and its commercial relationship with Hong Kong.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from New York (NYHKGA052SCEN), retrieved from FRED.