Value of Exports to Thailand from Massachusetts
MATHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
172,707,120.00
Year-over-Year Change
-2.54%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from Massachusetts' trend measures the total dollar value of goods and services exported from Massachusetts to Thailand. This metric is an important indicator of trade activity 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 series tracks the value of exports originating from Massachusetts and destined for Thailand. It represents a key component of Massachusetts' trade balance and provides insight into the state's economic integration with global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export value trend is used by economists, policymakers, and businesses to monitor trade flows and assess the economic ties between Massachusetts and Thailand.
Key Facts
- Massachusetts exported $1.2 billion worth of goods and services to Thailand in 2021.
- Exports to Thailand account for 2.3% of total Massachusetts exports.
- Top Massachusetts exports to Thailand include machinery, computers, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Massachusetts to Thailand.
Q: Why is this trend relevant for users or analysts?
A: This export value metric provides insights into the economic relationship and trade flows between Massachusetts and Thailand, which is important for understanding regional trade dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export value trend to monitor trade activity, assess the strength of economic ties, and inform decisions related to trade agreements and policy.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically 2-3 months after the reference period. There may also be revisions to previously reported figures.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Massachusetts (MATHAA052SCEN), retrieved from FRED.