Value of Exports to Bangladesh from South Carolina
SCBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
54,785,325.00
Year-over-Year Change
497.12%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from South Carolina' trend measures the total value of goods exported from South Carolina to Bangladesh over time. This metric is important for economists and policymakers to analyze trade flows and commercial relationships between U.S. states and foreign countries.
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 tracks the value of merchandise exported from the state of South Carolina to Bangladesh. It is a key indicator of the economic and commercial ties between South Carolina and the Bangladeshi market. Economists and trade analysts use this data to assess the health of the state's export sector and understand its evolving trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Historical Context
Policymakers and trade groups monitor this metric to guide decisions on market development, trade promotion, and economic cooperation initiatives.
Key Facts
- South Carolina is a major exporting state, with over $35 billion in annual exports.
- Bangladesh is an emerging economy and important trading partner for many U.S. states.
- Exports support thousands of jobs in South Carolina's manufacturing and logistics sectors.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of merchandise exported from the state of South Carolina to Bangladesh over time.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the commercial and economic relationship between South Carolina and the Bangladeshi market, which is crucial for trade analysts, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade groups monitor this metric to guide decisions on market development, trade promotion, and economic cooperation initiatives between South Carolina and Bangladesh.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but may be subject to revisions and delays due to the complexities of international trade reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from South Carolina (SCBGDA052SCEN), retrieved from FRED.