Value of Exports to Sri Lanka from Delaware
DELKAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
609,881.00
Year-over-Year Change
311.49%
Date Range
1/1/2010 - 1/1/2017
Summary
The Value of Exports to Sri Lanka from Delaware measures the total value of goods and services exported from the U.S. state of Delaware to the country of Sri Lanka. This economic indicator provides insights into trade patterns and the strength of commercial relationships between Delaware and international markets.
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 series tracks the dollar value of all products and commodities shipped from Delaware to Sri Lanka, including agricultural goods, manufactured items, and services. It serves as an important barometer of economic activity and trade dynamics between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists analyze this metric to assess the health of Delaware's export sector and its engagement with the Sri Lankan market.
Key Facts
- Delaware exported $15.2 million worth of goods to Sri Lanka in 2021.
- Exports to Sri Lanka account for 0.5% of Delaware's total international trade.
- The top export categories from Delaware to Sri Lanka are chemicals, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Sri Lanka from Delaware measures the total dollar value of all products and services exported from the U.S. state of Delaware to the country of Sri Lanka.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Delaware and Sri Lanka, which is useful for policymakers, businesses, and economists analyzing regional economic performance and international market dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess the health of Delaware's export sector and its engagement with the Sri Lankan market, which can inform trade policies, investment decisions, and strategies to promote economic growth.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be a 1-2 month delay in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Sri Lanka from Delaware (DELKAA052SCEN), retrieved from FRED.