Value of Exports to Singapore from Delaware
DESGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
134,988,505.00
Year-over-Year Change
44.27%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Delaware' metric tracks the dollar value of goods and services exported from the U.S. state of Delaware to the country of Singapore. This provides insight into trade dynamics and economic linkages between these 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 series measures the total value of exports originating from the state of Delaware and destined for Singapore. It is a key indicator of the trade relationship and commercial activity between these two economies.
Methodology
The data is collected through a survey of Delaware-based exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the strength of Delaware's export economy and its engagement with the Singaporean market.
Key Facts
- Delaware exported $302 million worth of goods to Singapore in 2021.
- Singapore was Delaware's 11th largest export destination in 2021.
- Chemicals and chemical products account for over 50% of Delaware's exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of exports from the U.S. state of Delaware to the country of Singapore. It provides insight into the trade dynamics and commercial linkages between these two economies.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Delaware's export economy and its engagement with the Singaporean market. Policymakers and trade analysts use this metric to monitor the strength of these commercial ties.
Q: How is this data collected or calculated?
A: The data is collected through a survey of Delaware-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the strength of Delaware's export economy and its engagement with the Singaporean market, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, so there may be delays in reflecting the most recent trade activity between Delaware and Singapore.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Delaware (DESGPA052SCEN), retrieved from FRED.