Value of Exports to Tonga from Pennsylvania
PATONA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,700.00
Year-over-Year Change
-0.40%
Date Range
1/1/2003 - 1/1/2008
Summary
The 'Value of Exports to Tonga from Pennsylvania' series measures the total value of goods exported from the U.S. state of Pennsylvania to the island nation of Tonga. This metric is a key indicator of trade flows and economic relationships between the two regions.
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 monetary value of all physical goods shipped from Pennsylvania to Tonga, including agricultural products, manufactured items, and other commodities. It is a useful statistic for analyzing bilateral trade patterns and the economic ties between the U.S. state and the Pacific island country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and shipping manifests.
Historical Context
Policymakers and economists use this trend to assess the trade dynamics between Pennsylvania and Tonga, which can inform economic and diplomatic strategies.
Key Facts
- Pennsylvania is the 6th largest exporting state in the U.S.
- Tonga is a small island country in the South Pacific Ocean.
- Exports from Pennsylvania to Tonga have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods exported from the U.S. state of Pennsylvania to the country of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the trade relationship and economic ties between Pennsylvania and Tonga, which is useful for policymakers, businesses, and economists analyzing regional and global trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess the trade dynamics between Pennsylvania and Tonga, which can inform economic and diplomatic strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may not capture all informal or unreported trade activity.
Related Trends
External Trade: Volume of Exports of Goods and Services for Tonga
TONTXRPCPPPT
Balance of Payments: Total Net Current Account for Tonga
TONBCAGDPBP6PT
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Tonga
TONFCNODCANUM
Number of Identified Exporters to Tonga from Georgia
GATONA475SCEN
Number of Identified Exporters to Tonga from District of Columbia
DCTONA475SCEN
Private Credit by Deposit Money Banks and Other Financial Institutions to GDP for Tonga
DDDI12TOA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Tonga from Pennsylvania (PATONA052SCEN), retrieved from FRED.