Value of Exports to Philippines from Washington
WAPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,429,898,053.00
Year-over-Year Change
218.42%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Philippines from Washington measures the dollar value of goods and services exported from the state of Washington to the Philippines. This metric is important for economists and policymakers to analyze trade flows and commercial relationships between the U.S. and its trading partners.
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 originating from the state of Washington and destined for the Philippines. It is used to track the health of the state's export economy and its economic ties with key international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess the impact of trade policies and exchange rate movements on state-level export activity.
Key Facts
- Washington is a major exporting state, accounting for over $100 billion in annual merchandise exports.
- The Philippines is one of Washington's top 10 export destinations globally.
- Key Washington exports to the Philippines include aircraft, agricultural products, and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports originating from the state of Washington and destined for the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for tracking the health of Washington's export economy and its commercial relationship with a key international trading partner, the Philippines.
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 trade analysts use this metric to assess the impact of trade policies and exchange rate movements on state-level export activity.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, so it may not reflect the most recent trade conditions.
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Use of Financial Services: Number of Depositors at Other Depository Corporations for Philippines
PHLFCDODPENUM
People 15 Years and Over Saving at a Financial Institution in the Past Year for Philippines
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Number of Identified Exporters to Philippines from Mississippi
MSPHLA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Philippines from Washington (WAPHLA052SCEN), retrieved from FRED.