Value of Exports to Germany from Florida
FLDEUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,298,152,209.00
Year-over-Year Change
252.11%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Germany from Florida' series measures the monetary value of goods and services exported from the state of Florida to Germany. This metric is important for analyzing trade flows and economic ties between Florida and its key international partners.
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 represents the total dollar value of all merchandise and services exported from Florida to Germany in a given time period. It is used by economists, policymakers, and business analysts to track the strength of Florida's export economy and its integration with the German market.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of Florida exporters.
Historical Context
Trends in Florida's exports to Germany provide insight into the broader trade relationship between the U.S. and its major European trading partner.
Key Facts
- Florida exported over $2 billion in goods and services to Germany in 2021.
- Germany is Florida's 4th largest export destination globally.
- Florida's top exports to Germany include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total monetary value of all merchandise and services exported from the state of Florida to Germany in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Trends in Florida's exports to Germany provide important insights into the strength of the state's trade relationship with a major international partner and the broader dynamics of U.S.-Germany economic ties.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of Florida-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to monitor the health of Florida's export economy and inform decisions around trade agreements, tariffs, and other policies impacting U.S.-Germany commercial relations.
Q: Are there update delays or limitations?
A: There is typically a 1-2 month delay in the reporting of this data. The Census Bureau data may also exclude certain types of exports or have other methodological limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Germany from Florida (FLDEUA052SCEN), retrieved from FRED.