Value of Exports to Bosnia and Herzegovina from Pennsylvania
PABIHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,672.00
Year-over-Year Change
-82.45%
Date Range
1/1/2002 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Pennsylvania to Bosnia and Herzegovina. It is an important indicator of trade activity and economic ties between the two regions.
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
The 'Value of Exports to Bosnia and Herzegovina from Pennsylvania' series tracks the dollar value of goods and services exported from Pennsylvania to the Balkan nation of Bosnia and Herzegovina. This data provides insights into the commercial relationship and trade balance between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This metric is closely monitored by policymakers and analysts to assess Pennsylvania's trade performance and the health of its export-oriented industries.
Key Facts
- Pennsylvania is a major exporting state, with over $42 billion in total exports annually.
- Bosnia and Herzegovina is a small but growing trading partner for the U.S., with $300 million in two-way trade in 2021.
- Exports to Bosnia and Herzegovina account for less than 1% of Pennsylvania's total export value.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of goods and services exported from the U.S. state of Pennsylvania to the country of Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship and trade balance between Pennsylvania's economy and Bosnia and Herzegovina, which is important for understanding regional export performance and international trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and analysts closely monitor this metric to assess Pennsylvania's trade performance and the health of its export-oriented industries, which can inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be some delay in reflecting the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Bosnia and Herzegovina from Pennsylvania (PABIHA052SCEN), retrieved from FRED.