Value of Exports to Thailand from New Jersey
NJTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
168,422,078.00
Year-over-Year Change
37.13%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from New Jersey' series measures the dollar value of goods exported from New Jersey to Thailand. This metric provides insight into the trade relationship between the two economies.
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 data series tracks the total value of merchandise exported from the state of New Jersey to Thailand. It offers a window into the strength of the commercial ties between the two regions and can inform trade and economic policy discussions.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts closely monitor state-level export data to gauge the health of regional economies and international business relationships.
Key Facts
- New Jersey is a major exporting state, with over $50 billion in annual exports.
- Thailand is one of New Jersey's top trading partners in Southeast Asia.
- The value of exports from New Jersey to Thailand has grown by over 30% in the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of merchandise exported from the state of New Jersey to Thailand.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export data helps policymakers and economists assess the strength of regional economies and international trade relationships.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to inform trade, investment, and economic development strategies between the U.S. and Thailand.
Q: Are there update delays or limitations?
A: The data is typically reported on a monthly basis, with a short lag between the reference period and publication.
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from New Jersey (NJTHAA052SCEN), retrieved from FRED.