Value of Exports to Norway from Delaware
DENORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,067,691.00
Year-over-Year Change
-74.54%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Norway from Delaware' series measures the total value of goods and services exported from the U.S. state of Delaware to Norway. This data provides insights into trade flows and economic activity 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 economic trend represents the monetary value of products and services shipped from Delaware businesses to customers and clients in Norway. It is an important indicator of the strength of trade relationships and commercial activity between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Delaware exporters.
Historical Context
Policymakers and analysts use this data to monitor the health of Delaware's export sector and its integration with the Norwegian market.
Key Facts
- Delaware exported $280 million in goods to Norway in 2021.
- Norway was Delaware's 13th largest export destination in 2021.
- Machinery and chemical products make up the majority of Delaware's exports to Norway.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of products and services exported from the U.S. state of Delaware to Norway.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from Delaware to Norway provides insights into the strength of trade and economic ties between the two regions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Delaware-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor the health of Delaware's export sector and its integration with the Norwegian market.
Q: Are there update delays or limitations?
A: This data is published monthly by the U.S. Census Bureau with a typical 1-2 month lag from the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Norway from Delaware (DENORA052SCEN), retrieved from FRED.