Value of Exports to Morocco from Pennsylvania
PAMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,282,548.00
Year-over-Year Change
1139.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Pennsylvania' series measures the total value of goods and services exported from the U.S. state of Pennsylvania to the country of Morocco. This data provides insight into Pennsylvania's trade relationship with a key North African 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 tracks the dollar value of all physical goods and intangible services that are produced in Pennsylvania and sold to customers or businesses located in Morocco. It is an important metric for understanding Pennsylvania's export activity and economic integration with international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
Policymakers and economists use this series to assess Pennsylvania's export performance and competitiveness in the Moroccan market.
Key Facts
- Pennsylvania exported over $100 million in goods and services to Morocco in 2021.
- Morocco is one of Pennsylvania's top 50 export destinations globally.
- Exports to Morocco account for around 1% of Pennsylvania's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Pennsylvania to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Pennsylvania's trade relationship and economic integration with the Moroccan market, which is useful 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 other exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess Pennsylvania's export performance and competitiveness in the Moroccan market, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in the publication of this data due to the time required for data collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Pennsylvania (PAMARA052SCEN), retrieved from FRED.