Value of Exports to Hong Kong from Nebraska
NEHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
186,218,170.00
Year-over-Year Change
654.98%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Nebraska' measures the dollar value of goods shipped from Nebraska to Hong Kong. This metric provides insight into Nebraska's international trade and economic ties with the major 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
This series tracks the total value of physical goods exported from Nebraska to Hong Kong, one of the state's key trade partners. The data is useful for analyzing trends in Nebraska's export activity and competitiveness in the global economy.
Methodology
The U.S. Census Bureau collects and publishes this data based on surveys of businesses and customs records.
Historical Context
Policy makers and economists monitor this export data to assess the health of Nebraska's export sector and its role in the state's economic growth.
Key Facts
- Nebraska exported over $280 million in goods to Hong Kong in 2021.
- Hong Kong was Nebraska's 6th largest export destination in 2021.
- Meat and livestock products make up a significant share of Nebraska's exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of physical goods exported from the U.S. state of Nebraska to the global market of Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Nebraska's trade relationships and competitiveness in the lucrative Hong Kong export market, which is important for understanding the state's economic performance and growth.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this export data to assess the health of Nebraska's export sector and its role in the state's overall economic growth and development.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for collection and publication by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Nebraska (NEHKGA052SCEN), retrieved from FRED.