Value of Exports to Nicaragua from Delaware
DENICA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
870,182.00
Year-over-Year Change
718.50%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Nicaragua from Delaware' metric tracks the total value of goods exported from the U.S. state of Delaware to Nicaragua. This data provides insight into trade dynamics 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 series measures the dollar value of physical goods shipped from businesses located in Delaware to customers in Nicaragua. It is an important indicator of the trade relationship and economic linkages between the two areas.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this metric to assess the health of Delaware's export economy and its integration with Nicaragua.
Key Facts
- Delaware exported $23.4 million in goods to Nicaragua in 2021.
- Exports to Nicaragua account for 1.2% of total exports from Delaware.
- The top export categories from Delaware to Nicaragua are machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of physical goods exported from the U.S. state of Delaware to Nicaragua in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship and economic linkages between Delaware and Nicaragua, which is useful for policymakers, businesses, and market analysts.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess the health of Delaware's export economy and its integration with the Nicaraguan market.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this data due to the time required for survey collection and compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Nicaragua from Delaware (DENICA052SCEN), retrieved from FRED.