Value of Exports to Finland from Washington
WAFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
26,904,159.00
Year-over-Year Change
-57.40%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Finland from Washington' tracks the total dollar value of goods and services exported from the U.S. state of Washington to Finland. This metric is a key indicator of trade activity and economic ties between the 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 economic series measures the monetary value of all products and services shipped from Washington state businesses and producers to customers and buyers in Finland. It provides insight into the strength of the trade relationship between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists analyze this metric to understand Washington's trade patterns and the impacts on the state's economy.
Key Facts
- Washington is one of the top exporting states in the U.S.
- Finland is a major trading partner for Washington businesses.
- Exports support thousands of jobs in the Washington economy.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of goods and services exported from the U.S. state of Washington to customers and buyers in Finland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of the trade relationship between Washington and Finland, which is important for understanding state-level economic activity and trade patterns.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this metric to understand Washington's trade dynamics and the impacts on the state's economy.
Q: Are there update delays or limitations?
A: There may be lags in data availability due to the time required for companies to report their export activities.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Washington (WAFINA052SCEN), retrieved from FRED.