Value of Exports to Singapore from Washington
WASGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,265,390,945.00
Year-over-Year Change
2.90%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Singapore from Washington tracks the total value of goods and services exported from the state of Washington to Singapore. This metric is crucial for understanding Washington's international trade dynamics and competitiveness.
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 Value of Exports to Singapore from Washington represents the monetary value of all products and services shipped from Washington to the Southeast Asian nation of Singapore. This data point is used by economists, policymakers, and businesses to assess the strength of Washington's export relationships and identify opportunities for growth.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
Trends in Washington's exports to Singapore are closely monitored for insights into the state's trade balance, economic performance, and strategic trade partnerships.
Key Facts
- Washington is one of the top exporting states in the U.S.
- Singapore is Washington's 7th largest export destination globally.
- Exports to Singapore account for over 3% of Washington's total international trade.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Singapore from Washington measures the total monetary value of goods and services exported from the state of Washington to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important insights into Washington's international trade dynamics, particularly its economic relationship with a key Asian trading partner. It informs decision-making for businesses, policymakers, and economists.
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: Trends in Washington's exports to Singapore are closely monitored by policymakers and economists to assess the state's trade balance, economic performance, and strategic trade partnerships.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and lags in reporting from source agencies.
Related Trends
Gross Domestic Product Per Capita for Singapore
PCAGDPSGA646NWDB
Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Singapore
SGPFCIODDNUM
Outstanding Domestic Private Debt Securities to GDP for Singapore
DDDM03SGA156NWDB
Outstanding Total International Debt Securities to GDP for Singapore
DDDM07SGA156NWDB
Fiscal Situation of General Government: Gross Debt Position for Singapore
SGPGGXWDGG01GDPPT
National Accounts: Real Gross Domestic Product for Singapore
SGPNGDPRPCPPPT
Citation
U.S. Federal Reserve, Value of Exports to Singapore from Washington (WASGPA052SCEN), retrieved from FRED.