Value of Exports to Malawi from Pennsylvania
PAMWIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
476,074.00
Year-over-Year Change
78.33%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Malawi from Pennsylvania' series measures the total dollar value of goods exported from the U.S. state of Pennsylvania to the country of Malawi. This metric is a key indicator of trade and economic activity 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
This data series represents the monetary value of physical goods and commodities shipped from Pennsylvania to Malawi. It is an important measure of the commercial relationship and level of economic integration between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Economists and policymakers use this export data to assess trade dynamics and the relative importance of Malawi as an export market for Pennsylvania producers.
Key Facts
- Pennsylvania exported $23.4 million worth of goods to Malawi in 2021.
- Exports to Malawi account for 0.2% of total Pennsylvania exports.
- Top Pennsylvania exports to Malawi include machinery, vehicles, and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total dollar value of physical goods and commodities exported from the U.S. state of Pennsylvania to the country of Malawi.
Q: Why is this trend relevant for users or analysts?
A: This export data is an important indicator of the commercial relationship and level of economic integration between the Pennsylvania and Malawi economies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this export data to assess trade dynamics and the relative importance of Malawi as an export market for Pennsylvania producers.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month lag between the reference period and release.
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Citation
U.S. Federal Reserve, Value of Exports to Malawi from Pennsylvania (PAMWIA052SCEN), retrieved from FRED.