Value of Exports to Spain from Pennsylvania
PAESPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
195,463,097.00
Year-over-Year Change
40.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Spain from Pennsylvania' series measures the total value of goods and services exported from the state of Pennsylvania to Spain. This metric is important for economists and policymakers to understand trade dynamics and Pennsylvania's economic relationship with the Spanish 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 trend represents the dollar value of all products and services exported from Pennsylvania businesses and producers to consumers and companies in Spain. It provides insight into the scale and composition of Pennsylvania's export trade with a key international partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess Pennsylvania's export performance and competitiveness in the Spanish market.
Key Facts
- Pennsylvania is a major exporting state, shipping over $4 billion in goods annually.
- Spain is Pennsylvania's 10th largest export destination worldwide.
- Top Pennsylvania exports to Spain include machinery, chemicals, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and services exported from the state of Pennsylvania to consumers and businesses in Spain.
Q: Why is this trend relevant for users or analysts?
A: This metric provides important insights into Pennsylvania's trade relationship with a key international partner, which is valuable information for policymakers, businesses, and economic analysts.
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 trade analysts use this metric to assess Pennsylvania's export performance and competitiveness in the Spanish market, which can inform trade policies and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may not capture all cross-border transactions due to limitations in data collection.
Related Trends
Coefficient for Residential Carbon Dioxide Emissions, LPG (Fuel Use) for Pennsylvania
EMISSCO2CHLRCBPAA
Real Gross Domestic Product: Pipeline Transportation (486) in Pennsylvania
PAPIPETRANRGSP
Average Weekly Hours of All Employees: Goods Producing in Pennsylvania
SMU42000000600000002A
Number of Identified Exporters to Poland from Pennsylvania
PAPOLA475SCEN
Real Personal Income: Metropolitan Portion for Pennsylvania
PAMPRPI
Real Gross Domestic Product: Other Transportation and Support Activities (487-488, 492) in Pennsylvania
PAOTHTRANRGSP
Citation
U.S. Federal Reserve, Value of Exports to Spain from Pennsylvania (PAESPA052SCEN), retrieved from FRED.