Value of Exports to Hong Kong from North Dakota
NDHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
11,537,569.00
Year-over-Year Change
448.38%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from North Dakota' series tracks the total dollar value of goods and services exported from North Dakota to Hong Kong. This metric is important for understanding North Dakota's international trade dynamics and economic integration with the Hong Kong 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
This economic indicator reports the monetary value of all products and services that are sold by businesses located in North Dakota to customers or buyers in Hong Kong. It provides insight into the commercial relationship and trade flows between the state of North Dakota and the Hong Kong special administrative region.
Methodology
The data is collected through surveys of North Dakota exporters and compiled by the U.S. Census Bureau.
Historical Context
Policy makers and market analysts use this series to assess North Dakota's export performance and competitiveness in the Hong Kong market.
Key Facts
- North Dakota exported $305 million in goods and services to Hong Kong in 2021.
- Hong Kong was North Dakota's 5th largest export market in 2021.
- Agricultural products accounted for over 60% of North Dakota's exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of all products and services exported from businesses located in North Dakota to customers and buyers in Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into North Dakota's trade relationship and commercial integration with the Hong Kong market, which is important for understanding the state's overall export performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of North Dakota exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policy makers and market analysts use this series to assess North Dakota's export performance and competitiveness in the Hong Kong market, which can inform trade policy, business strategies, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in reporting the most recent figures.
Related Trends
Number of Identified Exporters to Hong Kong from Virginia
VAHKGA475SCEN
Value of Exports to Hong Kong from Montana
MTHKGA052SCEN
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in Hong Kong SAR
IDSNFAMRIAOHK
Credit to Government and State-Owned Enterprises to GDP for Hong Kong SAR, China
DDEI08HKA156NWDB
Population ages 65 and above for Hong Kong SAR, China
SPPOP65UPTOZSHKG
Number of Identified Exporters to Hong Kong from New Jersey
NJHKGA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from North Dakota (NDHKGA052SCEN), retrieved from FRED.