Value of Exports to Singapore from Hawaii
HISGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
136,048,598.00
Year-over-Year Change
2778.15%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Hawaii' series tracks the total value of goods and services exported from Hawaii to Singapore over time. This metric is a key indicator of Hawaii's international trade and economic ties with Singapore.
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 all exports from Hawaii to Singapore, including physical goods as well as services. It provides insight into the commercial relationship and economic integration between Hawaii and one of its major trading partners in Asia.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Hawaii.
Historical Context
Policymakers and economists use this metric to assess Hawaii's export activity and economic connectivity with global markets.
Key Facts
- Hawaii exported $251 million worth of goods and services to Singapore in 2021.
- Exports to Singapore account for 2.4% of Hawaii's total international exports.
- Singapore is Hawaii's 7th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of all goods and services exported from the state of Hawaii to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Hawaii's trade relationship and economic integration with one of its key international partners, Singapore.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses located in Hawaii.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess Hawaii's export activity and evaluate its broader economic connectivity with global markets.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, so there may be delays in reflecting the most current trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Hawaii (HISGPA052SCEN), retrieved from FRED.