Value of Exports to Singapore from Kansas
KSSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
254,752,951.00
Year-over-Year Change
54.32%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from Kansas' series measures the total value of goods and services exported from the U.S. state of Kansas to the country of Singapore. It provides insight into Kansas' international trade relationships and economic activity.
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 tracks the dollar value of products and services shipped from Kansas to Singapore. It is an important indicator of the strength of Kansas' export sector and its integration with the global economy. Policymakers and analysts use this data to assess trade patterns and the competitiveness of Kansas businesses in international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export value metric is used by economists, trade organizations, and government agencies to evaluate state-level economic performance and trade policy.
Key Facts
- Kansas exported over $320 million in goods and services to Singapore in 2021.
- Singapore is Kansas' 6th largest export market, accounting for 3.2% of total state exports.
- Top Kansas exports to Singapore include aircraft, machinery, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Kansas to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: This export value data provides insight into Kansas' international trade relationships and economic activity, which is important for policymakers and analysts evaluating the state's export sector and global competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This export value metric is used by economists, trade organizations, and government agencies to evaluate state-level economic performance and inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to Singapore from Kansas (KSSGPA052SCEN), retrieved from FRED.