Value of Exports to Hong Kong from Pennsylvania
PAHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
467,402,049.00
Year-over-Year Change
31.37%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Pennsylvania' series measures the dollar value of goods and services exported from Pennsylvania to Hong Kong. This metric is important for understanding Pennsylvania's trade dynamics and economic ties with a major global market.
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 value of merchandise and services exported from Pennsylvania to Hong Kong, a major trading partner. It provides insights into the scale and composition of Pennsylvania's export activity with this key Asian economy.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
This export value data informs policymakers and businesses about Pennsylvania's evolving trade relationships and competitiveness in global markets.
Key Facts
- Pennsylvania exported over $2 billion in goods and services to Hong Kong in 2021.
- Hong Kong was Pennsylvania's 8th largest export destination in 2021.
- Machinery, chemicals, and computer equipment are major Pennsylvania exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the state of Pennsylvania to Hong Kong, a major trading partner.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Pennsylvania's trade dynamics and economic ties with a key global market, informing business and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export value data informs policymakers and businesses about Pennsylvania's evolving trade relationships and competitiveness in global markets.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Pennsylvania (PAHKGA052SCEN), retrieved from FRED.