Value of Exports to Switzerland from South Carolina
SCCHEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
144,289,394.00
Year-over-Year Change
-15.13%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Switzerland from South Carolina' measures the total value of goods and services exported from South Carolina to Switzerland over time. This metric is important for economists and policymakers to assess trade patterns and the economic relationship 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 economic series tracks the dollar value of all exports from the U.S. state of South Carolina to Switzerland. It provides insight into the commercial activity and trade flows between the two locations, which can inform business strategies, investment decisions, and economic policy.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Economists and trade analysts use this metric to monitor South Carolina's export performance and the state's economic integration with the Swiss market.
Key Facts
- South Carolina exported $302 million worth of goods to Switzerland in 2021.
- Exports to Switzerland account for 1.4% of total South Carolina exports.
- Machinery, chemical products, and transportation equipment are top export categories.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of South Carolina to Switzerland over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between South Carolina and Switzerland, which is useful for economic analysis, policy decisions, and business strategy.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Economists and trade analysts use this metric to monitor South Carolina's export performance and the state's economic integration with the Swiss market, which can inform policies related to international trade and economic development.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months, so there may be delays in accessing the most recent information. Additionally, the series only covers exports from South Carolina to Switzerland, and does not include other trade flows.
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Citation
U.S. Federal Reserve, Value of Exports to Switzerland from South Carolina (SCCHEA052SCEN), retrieved from FRED.