Value of Exports to Russia from Pennsylvania
PARUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
129,012,157.00
Year-over-Year Change
-1.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Pennsylvania' series measures the dollar value of goods exported from Pennsylvania to Russia. This metric is important for assessing the economic relationship between Pennsylvania and Russia and informing trade and foreign policy decisions.
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 represents the total value of merchandise exports from the state of Pennsylvania to Russia. It is used by economists, policymakers, and businesses to analyze Pennsylvania's trade flows and economic exposure to the Russian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Trends in this series can inform state and federal trade policies and commercial activities with Russia.
Key Facts
- Pennsylvania exported $258 million in goods to Russia in 2021.
- Exports to Russia accounted for 1.4% of Pennsylvania's total exports in 2021.
- The top Pennsylvania exports to Russia include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of merchandise exports from the state of Pennsylvania to Russia.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Pennsylvania's economic relationship with Russia and informing trade and foreign policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Trends in this series can inform state and federal trade policies and commercial activities with Russia.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Pennsylvania (PARUSA052SCEN), retrieved from FRED.