Value of Exports to Samoa from Texas
TXWSMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
238,709.00
Year-over-Year Change
-63.14%
Date Range
1/1/2004 - 1/1/2016
Summary
The 'Value of Exports to Samoa from Texas' series measures the total value of goods and services exported from the state of Texas to the Pacific island nation of Samoa. This metric is important for economists and policymakers to understand trade flows and economic interdependence between 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 merchandise and services shipped from Texas to Samoa. It is used to analyze the strength of the commercial relationship between the two economies, as well as Texas's role in broader U.S. exports to the South Pacific.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and surveys of exporting businesses.
Historical Context
Tracking state-level export values aids in formulating effective trade and economic development policies.
Key Facts
- Texas is the second-largest exporting state in the U.S.
- Samoa relies heavily on imported goods and services
- Exports contribute significantly to Texas's economic growth
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Texas to the country of Samoa.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data helps economists and policymakers understand regional trade flows and interdependencies within the broader U.S. economy.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through customs declarations and surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Export data at the state level informs trade, economic development, and international relations policies.
Q: Are there update delays or limitations?
A: There may be lags in reporting and publication of the latest trade data due to the complexities of data collection.
Related Trends
Geographical Outreach: Number of Branches, Excluding Headquarters, for Credit Unions and Financial Cooperatives for Samoa
WSMFCBODUNUM
Value of Exports to Samoa from North Carolina
NCWSMA052SCEN
Geographical Outreach: Number of Credit Unions and Financial Cooperatives for Samoa
WSMFCIODUNUM
Use of Financial Services, Liabilities: Outstanding Deposits at Other Financial Corporations for Samoa
WSMFCLOFXDC
Number of Identified Exporters to Samoa from New Mexico
NMWSMA475SCEN
Use of Financial Services: Key Indicators, Small and Medium Enterprises (SME) Borrowers from Commercial Banks (% of Non-financial Corporation Depositors with Commercial Banks) for Samoa
WSMFCRODCSPNUM
Citation
U.S. Federal Reserve, Value of Exports to Samoa from Texas (TXWSMA052SCEN), retrieved from FRED.