Value of Exports to Dominica from Tennessee

TNDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,389,866.00

Year-over-Year Change

222.90%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Dominica from Tennessee' series measures the total value of goods and services exported from the U.S. state of Tennessee to the Caribbean island nation of Dominica. This metric provides insights into the economic relationship and trade flows between these 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 series represents the dollar value of all physical goods and intangible services that are produced in Tennessee and then sold to buyers located in Dominica. It is a key indicator of the strength and direction of bilateral trade between the two economies.

Methodology

The data is collected and reported by the U.S. Census Bureau through its foreign trade division.

Historical Context

Policy makers and market analysts use this metric to evaluate Tennessee's export performance and its competitive position relative to other U.S. states in the Dominica market.

Key Facts

  • Tennessee exported $7.2 million worth of goods and services to Dominica in 2021.
  • Exports to Dominica account for 0.2% of Tennessee's total international exports.
  • The top export categories from Tennessee to Dominica are machinery, electronics, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of all goods and services exported from the U.S. state of Tennessee to the country of Dominica.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the strength of the economic relationship and trade flows between Tennessee and Dominica, which is useful for policymakers, businesses, and market analysts.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its foreign trade division.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to evaluate Tennessee's export performance and competitiveness in the Dominica market, which can inform trade, economic development, and international business strategies.

Q: Are there update delays or limitations?

A: The data is subject to periodic revisions by the Census Bureau and may have a 1-2 month publication delay.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Dominica from Tennessee (TNDMAA052SCEN), retrieved from FRED.