Value of Exports to Greenland from Washington
WAGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85,118.00
Year-over-Year Change
265.53%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Value of Exports to Greenland from Washington' trend measures the value of goods exported from the state of Washington to Greenland. This data is crucial for understanding trade dynamics and market opportunities 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 series represents the total value of merchandise exports from Washington state to Greenland. It is an important economic indicator for policymakers and businesses assessing trade flows and commercial relationships between the U.S. and Greenland.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Analyzing trends in exports to Greenland can inform decisions around trade agreements, economic development, and strategic partnerships.
Key Facts
- Washington exported $2.4 million worth of goods to Greenland in 2021.
- Exports to Greenland account for less than 0.1% of total Washington state exports.
- The top export categories are machinery, food products, and mineral fuels.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from the state of Washington to Greenland over time.
Q: Why is this trend relevant for users or analysts?
A: Tracking exports to Greenland is important for understanding trade dynamics and identifying market opportunities between Washington and Greenland.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use this data to inform decisions around trade agreements, economic development, and strategic partnerships between the U.S. and Greenland.
Q: Are there update delays or limitations?
A: The data is subject to the release schedule and revisions of the U.S. Census Bureau, which may result in some update delays.
Related Trends
Number of Identified Exporters to Greenland from Wisconsin
WIGRLA475SCEN
Number of Identified Exporters to Greenland from New York
NYGRLA475SCEN
Number of Identified Exporters to Greenland from Puerto Rico
PRGRLA475SCEN
Number of Identified Exporters to Greenland from Alabama
ALGRLA475SCEN
Number of Identified Exporters to Greenland from Montana
MTGRLA475SCEN
Value of Exports to Greenland from Georgia
GAGRLA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Greenland from Washington (WAGRLA052SCEN), retrieved from FRED.