Value of Exports to Russia from California
CARUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
522,212,229.00
Year-over-Year Change
94.58%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from California' trend measures the dollar value of goods exported from California to Russia. This provides insight into the economic relationship between California and the Russian market.
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 data series tracks the total value of merchandise exports from California to Russia over time. It is an important indicator of trade flows and commercial activity between the two economies.
Methodology
The data is collected by the U.S. Census Bureau from shipping manifests and other trade documentation.
Historical Context
This trend is closely watched by policymakers, businesses, and economists to assess the impact of geopolitical developments on California's trade and export activity.
Key Facts
- California is the largest exporting state in the U.S.
- Russia is one of California's top 20 export destinations.
- Exports to Russia account for less than 1% of California's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exports from the state of California to Russia over time.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between California and the Russian market, which is important for understanding state-level trade dynamics and the potential impacts of geopolitical developments.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau from shipping manifests and other trade documentation.
Q: How is this trend used in economic policy?
A: Policymakers, businesses, and economists closely monitor this trend to assess the impact of geopolitical events on California's export activity and trade relationships.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be a delay in reflecting the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from California (CARUSA052SCEN), retrieved from FRED.