Value of Exports to Japan from South Carolina
SCJPNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,623,910,738.00
Year-over-Year Change
310.92%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Japan from South Carolina' trend measures the total value of goods exported from South Carolina to Japan. This metric is important for understanding South Carolina's trade dynamics and economic relationships with key international markets.
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 dollar value of exports originating from South Carolina and destined for Japan. It is a useful indicator of the trade flows and commercial activity between the state and this major global economy.
Methodology
The data is collected and reported by the U.S. Census Bureau as part of its regular reporting on state-level international trade.
Historical Context
Policymakers and analysts use this trend to gauge South Carolina's export performance and competitiveness in the Japanese market.
Key Facts
- South Carolina is a major exporting state, shipping over $30 billion in goods annually.
- Japan is South Carolina's 5th largest export destination, accounting for over 6% of the state's total exports.
- Automotive, machinery, and chemical products make up the majority of South Carolina's exports to Japan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and products exported from the state of South Carolina to Japan in a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into South Carolina's trade relationships and economic ties with the important Japanese market, which is a key destination for the state's exports.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau as part of its comprehensive reporting on state-level international trade flows.
Q: How is this trend used in economic policy?
A: Policymakers and economic analysts use this trend to monitor South Carolina's export performance, trade competitiveness, and commercial relationships with major global markets like Japan.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several months, so there may be delays in accessing the most recent information.
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Citation
U.S. Federal Reserve, Value of Exports to Japan from South Carolina (SCJPNA052SCEN), retrieved from FRED.