Value of Exports to Thailand from New York
NYTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
419,372,545.00
Year-over-Year Change
-2.15%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from New York' tracks the total value of goods and services exported from the state of New York to Thailand. This metric is an important indicator of trade relationships and regional economic activity.
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 measures the dollar value of all physical goods and intangible services exported from New York to Thailand. It provides insights into the scale and composition of trade between the two economies, which is relevant for policymakers and businesses analyzing international commerce.
Methodology
The data is collected through customs declarations and surveys of exporting firms by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this trend to assess the health of U.S. trade with Thailand and the broader Asia-Pacific region.
Key Facts
- New York is a major exporting hub, accounting for over 10% of total U.S. exports.
- Thailand is one of the top 10 destinations for U.S. exports in the Asia-Pacific region.
- Exports to Thailand from New York have grown by over 50% in the past decade.
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 York to Thailand. It provides a gauge of trade activity between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for understanding regional trade dynamics and the health of commercial relationships between the U.S. and Thailand. It is used by policymakers, businesses, and economists to assess economic performance and opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs declarations and surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this trend to evaluate the impact of trade agreements, tariffs, and other policies on the flow of goods and services between New York and Thailand.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in publishing this data, and the series may not capture all informal or unrecorded trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from New York (NYTHAA052SCEN), retrieved from FRED.