Value of Exports to Russia from South Carolina
SCRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
83,109,394.00
Year-over-Year Change
46.93%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Russia from South Carolina' series measures the dollar value of goods and services exported from South Carolina to Russia. This metric provides insight into the state's trade relationship with Russia, which is a key market for certain industries.
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 tracks the total value of South Carolina's exports to Russia, a key indicator of the state's trade dynamics and economic ties with the Russian market. The figures are used by policymakers, economists, and businesses to analyze trends and patterns in South Carolina's international exports.
Methodology
The data is collected through surveys and reporting by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this series to monitor the impact of economic policies and market conditions on South Carolina's exports to Russia.
Key Facts
- South Carolina is a major exporter to Russia, with over $250 million in goods and services exported annually.
- The top exports from South Carolina to Russia include aircraft, machinery, and chemical products.
- Russia ranks among South Carolina's top 10 export destinations globally.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the state of South Carolina to the country of Russia.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into South Carolina's trade relationship with Russia, a key international market for the state's exporters.
Q: How is this data collected or calculated?
A: The data is collected through surveys and reporting by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to monitor the impact of economic policies and market conditions on South Carolina's exports to Russia.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay from the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from South Carolina (SCRUSA052SCEN), retrieved from FRED.