Value of Exports to Sri Lanka from Tennessee
TNLKAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,348,175.00
Year-over-Year Change
67.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Sri Lanka from Tennessee' measures the total dollar value of merchandise exports from Tennessee to Sri Lanka. This trend provides insight into Tennessee's trade relationship with the South Asian economy.
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 dollar value of goods and commodities exported from Tennessee to Sri Lanka. It is an important indicator of the commercial ties between the U.S. state and the island nation, and can be used to analyze regional trade patterns and economic integration.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and market analysts use this series to monitor the health of Tennessee's export economy and its evolving trade position globally.
Key Facts
- Tennessee's exports to Sri Lanka totaled $53.2 million in 2021.
- Machinery and transportation equipment make up the largest share of Tennessee's exports to Sri Lanka.
- Sri Lanka ranks 57th among Tennessee's top export destinations globally.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of merchandise exports from the U.S. state of Tennessee to Sri Lanka.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Tennessee and the Sri Lankan economy, which is important for understanding regional economic integration and commercial ties.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to monitor the health of Tennessee's export economy and its evolving trade position globally.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may have a short lag period before becoming available.
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Citation
U.S. Federal Reserve, Value of Exports to Sri Lanka from Tennessee (TNLKAA052SCEN), retrieved from FRED.