Value of Exports to Singapore from Florida
FLSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
430,007,172.00
Year-over-Year Change
32.91%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Florida' series measures the total value of goods and services exported from the state of Florida to Singapore. This metric is important for economists and policymakers to understand Florida's trade relationships and economic integration with 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 economic indicator represents the dollar value of all merchandise and services exported from Florida to Singapore. It is a key statistic for analyzing Florida's export performance, trade balance, and economic ties with the Southeast Asian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other entities involved in international trade.
Historical Context
Policymakers and analysts use this metric to gauge Florida's export competitiveness and the state's broader economic engagement with Singapore.
Key Facts
- Florida is a major exporting state, with over $55 billion in total exports annually.
- Singapore is Florida's 10th largest export destination, receiving over $1 billion in goods and services.
- The top Florida exports to Singapore include machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Singapore from Florida' series measures the total dollar value of goods and services exported from the state of Florida to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Florida's trade relationships and economic integration with international markets, particularly in the Southeast Asian region.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other entities involved in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to gauge Florida's export competitiveness and the state's broader economic engagement with Singapore.
Q: Are there update delays or limitations?
A: There may be some delays in data reporting, as the Census Bureau must collect and process information from various trade entities.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Florida (FLSGPA052SCEN), retrieved from FRED.