Number of Identified Exporters to Democratic People's Republic of Korea from Washington
WAPRKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1.00
Year-over-Year Change
0.00%
Date Range
1/1/2002 - 1/1/2014
Summary
This economic trend measures the number of identified exporters to the Democratic People's Republic of Korea (DPRK) from the state of Washington. It provides insights into trade flows and economic relationships between the U.S. and DPRK.
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
The Number of Identified Exporters to Democratic People's Republic of Korea from Washington series tracks the count of unique businesses or entities located in Washington state that export goods or services to North Korea. This data is used by economists and policymakers to analyze the scale and trends of economic engagement between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting on international trade transactions.
Historical Context
This metric is relevant for understanding the impact of economic and political policies on bilateral trade between the U.S. and DPRK.
Key Facts
- The series began in 1997.
- The number of identified exporters has declined since the 2000s.
- Export activity is influenced by U.S. sanctions on trade with North Korea.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses or entities located in the state of Washington that export goods or services to North Korea (also known as the Democratic People's Republic of Korea or DPRK).
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and trends of economic engagement between the U.S. and North Korea, which is important for understanding the impact of economic and political policies on bilateral trade.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting on international trade transactions.
Q: How is this trend used in economic policy?
A: This metric is relevant for policymakers and economists analyzing the effects of economic sanctions and other policies on trade flows between the U.S. and North Korea.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and can be influenced by changes in trade policies and regulations.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Democratic People's Republic of Korea from Washington (WAPRKA475SCEN), retrieved from FRED.