Number of Identified Exporters to Sri Lanka from Pennsylvania
PALKAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
76.00
Year-over-Year Change
40.74%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Sri Lanka from Pennsylvania measures the count of businesses in Pennsylvania that export goods to Sri Lanka. This trend provides insights into the trade relationship between Pennsylvania and Sri Lanka.
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 number of unique Pennsylvania-based companies that have been identified as exporting products to Sri Lanka. It offers a quantitative view of the commercial ties between the state and the South Asian nation.
Methodology
The data is collected by the U.S. Census Bureau through international trade surveys and customs records.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses evaluating Pennsylvania's export markets.
Key Facts
- Pennsylvania exports to Sri Lanka totaled $44.3 million in 2021.
- The number of identified Pennsylvania exporters to Sri Lanka has increased by 12% since 2015.
- Machinery, chemicals, and computer/electronic products are top Pennsylvania exports to Sri Lanka.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in Pennsylvania that have been identified as exporting products to Sri Lanka.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the commercial relationship between Pennsylvania and Sri Lanka, which is useful for trade policy, market analysis, and business strategy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through international trade surveys and customs records.
Q: How is this trend used in economic policy?
A: This trend can inform policymakers and trade officials on the state of Pennsylvania's export markets, supporting decisions around trade agreements, investment attraction, and export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may not capture all export activity due to limitations in the reporting process.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Sri Lanka from Pennsylvania (PALKAA475SCEN), retrieved from FRED.