Value of Exports to Senegal from Washington
WASENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
527,113.00
Year-over-Year Change
379.51%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Senegal from Washington' series measures the total value of goods and services exported from the U.S. state of Washington to the African country of Senegal. This data point is relevant for understanding trade dynamics and economic relationships 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 economic indicator tracks the dollar value of all products and services shipped from Washington to Senegal over a given time period. It provides insight into the commercial ties and trade flows between these two locations, which is useful for economists, policymakers, and businesses analyzing international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Trends in this series are monitored by trade analysts to assess the health of Washington's export sector and Senegal's trade relationships.
Key Facts
- Washington is one of the top exporting states in the U.S.
- Senegal is a key trading partner for many African nations.
- Export values can fluctuate due to commodity prices and exchange rates.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the U.S. state of Washington to the country of Senegal over a given time period.
Q: Why is this trend relevant for users or analysts?
A: Monitoring this export data provides insight into the trade relationship and economic ties between Washington and Senegal, which is useful for policymakers, businesses, and economists analyzing international commerce.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Trends in this series are analyzed by trade experts to assess the health of Washington's export sector and Senegal's trade relationships, which can inform economic policies and commercial strategies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting due to the time required for collection and publication by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Senegal from Washington (WASENA052SCEN), retrieved from FRED.