Value of Exports to Dominica from South Carolina
SCDMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
400,146.00
Year-over-Year Change
172.02%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Dominica from South Carolina' trend measures the value of goods and services exported from South Carolina to the Caribbean island nation of Dominica. This metric provides insight into the economic relationship and trade flows between South Carolina and Dominica.
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 products and services exported from South Carolina businesses to customers and companies in Dominica. It is used by economists, policymakers, and trade analysts to understand the strength of the commercial ties between the two regions and identify trends in their bilateral trade relationship.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and shipping manifests.
Historical Context
This export data is relevant for evaluating the impact of trade policies, exchange rate movements, and other factors affecting cross-border commerce.
Key Facts
- South Carolina is a major exporter to Dominica, a small Caribbean island nation.
- Exports from South Carolina to Dominica have grown by over 50% in the past decade.
- The top exported products from South Carolina to Dominica include machinery, chemicals, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of goods and services exported from businesses in South Carolina to customers and companies located in Dominica.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insight into the strength of the trade relationship between South Carolina and Dominica, which is useful for evaluating the impacts of economic policies, exchange rate movements, and other factors affecting bilateral commerce.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects and reports this data based on customs declarations and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers, trade analysts, and economists use this export data to assess the health of commercial ties between South Carolina and Dominica, and to inform decisions around trade agreements, tariffs, and other policies affecting cross-border commerce.
Q: Are there update delays or limitations?
A: This data is published monthly by the U.S. Census Bureau, with a typical 1-2 month lag between the reference period and publication.
Related Trends
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Dominica
DDOI12DMA156NWDB
Number of Identified Exporters to Dominica from Montana
MTDMAA475SCEN
Bank's Non-Interest Income to Total Income for Dominica
DDEI03DMA156NWDB
Population, Total for Dominica
POPTOTDMA647NWDB
General Government Expense for Dominica
DMAGGEIGDP
Number of Identified Exporters to Dominica from District of Columbia
DCDMAA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Dominica from South Carolina (SCDMAA052SCEN), retrieved from FRED.