Value of Exports to Dominican Republic from Tennessee
TNDOMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
96,429,459.00
Year-over-Year Change
113.64%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Dominican Republic from Tennessee' metric tracks the dollar value of goods and services exported from the state of Tennessee to the Dominican Republic. This data provides insight into economic trade flows and Tennessee's export relationships.
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 measures the total value of exports from Tennessee to the Dominican Republic on a monthly basis. The data can be used to analyze Tennessee's export activity and trade dynamics with this important Caribbean trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Historical Context
This export data is relevant for assessing Tennessee's international trade performance and integration within global supply chains.
Key Facts
- Tennessee exported $78.1 million in goods to the Dominican Republic in 2021.
- Exports to the DR account for 1.2% of Tennessee's total international exports.
- Key Tennessee exports to the DR include machinery, transportation equipment, and chemical products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of goods and services exported from the state of Tennessee to the Dominican Republic on a monthly basis.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into Tennessee's export activity and trade dynamics with an important Caribbean trading partner, which is relevant for assessing the state's economic performance and global integration.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.
Q: How is this trend used in economic policy?
A: This export data can be used by policymakers, economists, and businesses to evaluate Tennessee's international trade relationships and competitiveness within global markets.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, with the most recent month's figures typically available after a 2-3 month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Dominican Republic from Tennessee (TNDOMA052SCEN), retrieved from FRED.