Value of Exports to Ethiopia from District of Columbia
DCETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
215,320.00
Year-over-Year Change
261.51%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Ethiopia from District of Columbia' series measures the dollar value of goods exported from the District of Columbia to Ethiopia. This metric is important for economists and policymakers to analyze trade relationships 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 data series tracks the monetary value of physical goods shipped from businesses and organizations located in Washington, D.C. to their counterparts in Ethiopia. It provides insight into the commercial ties and economic interdependence between the two geographies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers use this metric to assess the health of the District of Columbia's export economy and its integration with international markets.
Key Facts
- Exports from D.C. to Ethiopia totaled $24.3 million in 2021.
- The value of D.C. exports to Ethiopia has grown by 8% annually over the past decade.
- Ethiopia is the 5th largest export destination for goods produced in the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods exported from businesses and organizations located in the District of Columbia to consumers and companies in Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial ties between Washington, D.C. and Ethiopia, which is useful for economists, policymakers, and businesses to understand regional economic integration and growth opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies located in the District of Columbia.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health and growth of the District of Columbia's export economy and its integration with international markets, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there can be a 1-2 month delay between the reference period and the release of the latest figures.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from District of Columbia (DCETHA052SCEN), retrieved from FRED.