Value of Exports to Saint Lucia from Massachusetts
MALCAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
252,271.00
Year-over-Year Change
-85.67%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Saint Lucia from Massachusetts' series measures the dollar value of goods exported from the U.S. state of Massachusetts to the Caribbean island nation of Saint Lucia. This data provides insights into trade flows and economic relationships between the two 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 indicator tracks the monetary value of physical goods and products shipped from Massachusetts businesses and producers to consumers and businesses in Saint Lucia. It is an important metric for understanding regional trade patterns, export activity, and economic interdependence.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and economists analyze this export data to assess the health of bilateral trade ties and identify opportunities or imbalances in the commercial relationship.
Key Facts
- Massachusetts exported $15.3 million in goods to Saint Lucia in 2021.
- The top export categories were machinery, vehicles, and food products.
- Saint Lucia ranks 78th among destinations for Massachusetts exports.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total monetary value of physical goods and products exported from the U.S. state of Massachusetts to the Caribbean nation of Saint Lucia.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into the trade relationship and economic ties between Massachusetts and Saint Lucia, which is useful for policymakers, businesses, and economists analyzing regional trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of companies engaged in exporting goods from Massachusetts to Saint Lucia.
Q: How is this trend used in economic policy?
A: Governments, trade groups, and analysts use this export data to assess the health of bilateral trade ties, identify imbalances, and explore opportunities to expand commercial relationships.
Q: Are there update delays or limitations?
A: The export data has a several month reporting lag, so the most recent figures may not reflect very current trade activity. The data also does not capture services trade or digital exports.
Related Trends
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SLAFCAKNUM
Constant GDP per capita for St. Lucia
NYGDPPCAPKDLCA
Number of Bank Branches for Saint Lucia
DDAI02LCA643NWDB
Bank Lending Deposit Spread for Saint Lucia
DDEI02LCA156NWDB
Value of Exports to Saint Lucia from Utah
UTLCAA052SCEN
Number of Identified Exporters to Saint Lucia from Florida
FLLCAA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Saint Lucia from Massachusetts (MALCAA052SCEN), retrieved from FRED.