Value of Exports to Singapore from New Jersey
NJSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
999,975,563.00
Year-over-Year Change
226.24%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Singapore from New Jersey' trend measures the total value of goods and services exported from the state of New Jersey to Singapore. This metric is an important indicator of international trade and economic activity.
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 dollar value of exports originating from New Jersey to the Southeast Asian nation of Singapore. It is a key statistic used by economists, trade analysts, and policymakers to assess the strength of commercial relationships and trade flows between U.S. states and foreign markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Trends in state-level exports are closely monitored for insights into the health of regional economies and the impacts of trade policies.
Key Facts
- New Jersey exported $1.2 billion worth of goods to Singapore in 2021.
- Exports to Singapore account for 2.5% of New Jersey's total exports.
- Top exported products from New Jersey to Singapore include machinery, chemicals, and electrical equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of New Jersey to the country of Singapore.
Q: Why is this trend relevant for users or analysts?
A: Tracking state-level export data provides insights into regional economic performance and the strength of trade relationships between U.S. states and foreign markets.
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 declarations.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are closely monitored by economists, trade analysts, and policymakers for insights into regional economic health and the impacts of trade policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but may have a 1-2 month lag in reporting.
Related Trends
Amount Outstanding of Total Debt Securities for All Issuers, All Maturities, Residence of Issuer in Singapore
TDSAMRIAOAISG
Non-Bank Financial Institutions' Assets to GDP for Singapore
DDDI03SGA156NWDB
Value of Exports to Singapore from Illinois
ILSGPA052SCEN
Amount Outstanding of Total Debt Securities in Non-Financial Corporations Sector, All Maturities, Residence of Issuer in Singapore
TDSAMRIAONCSG
Stock Market Turnover Ratio (Value Traded/Capitalization) for Singapore
DDEM01SGA156NWDB
H-Statistic in Banking Market for Singapore
DDOI03SGA066NWDB
Citation
U.S. Federal Reserve, Value of Exports to Singapore from New Jersey (NJSGPA052SCEN), retrieved from FRED.