Value of Exports to Philippines from Massachusetts
MAPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
271,700,903.00
Year-over-Year Change
-37.87%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from Massachusetts to the Philippines. It is an important indicator for understanding trade and economic relationships between the U.S. state and this key Southeast Asian market.
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
The Value of Exports to Philippines from Massachusetts tracks the dollar value of goods shipped from the state of Massachusetts to the Philippines. This data provides insight into the trade flows and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
This metric is closely watched by trade analysts, international businesses, and policymakers focused on U.S. state-level exports.
Key Facts
- Massachusetts exported $280 million to the Philippines in 2021.
- Exports to the Philippines account for 2.1% of total Massachusetts exports.
- The top Massachusetts exports to the Philippines are machinery, chemicals, and computer equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods exported from the U.S. state of Massachusetts to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Massachusetts and a key international market, which is important for understanding state-level economic dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters.
Q: How is this trend used in economic policy?
A: This metric is closely watched by trade analysts, international businesses, and policymakers focused on U.S. state-level exports and economic relationships.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 1-2 month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Philippines from Massachusetts (MAPHLA052SCEN), retrieved from FRED.