Value of Exports to Bangladesh from Pennsylvania

PABGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

14,162,756.00

Year-over-Year Change

255.72%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Bangladesh from Pennsylvania' series measures the dollar value of goods and services exported from the state of Pennsylvania to Bangladesh. This metric is important for economists and policymakers to analyze trade flows and competitiveness.

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 economic indicator tracks the total value of merchandise and services exported from Pennsylvania to Bangladesh. It provides insight into the commercial relationship between the state and this key trading partner, which is relevant for assessing regional economic performance and international market access.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting firms.

Historical Context

This export value trend is used by government agencies, trade associations, and market analysts to monitor Pennsylvania's trade dynamics and competitiveness in global markets.

Key Facts

  • Pennsylvania is a major exporting state, with over $40 billion in annual merchandise exports.
  • Bangladesh is an important trading partner, ranking among the top 50 destinations for U.S. exports.
  • Exports to Bangladesh account for around 1% of Pennsylvania's total international trade.

FAQs

Q: What does this economic trend measure?

A: This indicator tracks the total dollar value of goods and services exported from the state of Pennsylvania to the country of Bangladesh.

Q: Why is this trend relevant for users or analysts?

A: This export value metric provides insight into Pennsylvania's trade relationship with a key international market, which is important for assessing regional economic performance and competitiveness.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting firms located in Pennsylvania.

Q: How is this trend used in economic policy?

A: Government agencies, trade associations, and market analysts use this export value trend to monitor Pennsylvania's trade dynamics and competitiveness in global markets.

Q: Are there update delays or limitations?

A: The data is published monthly with a lag of several weeks, and may be subject to revisions by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Bangladesh from Pennsylvania (PABGDA052SCEN), retrieved from FRED.