Number of Identified Exporters to Russia from South Carolina
SCRUSA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
112.00
Year-over-Year Change
36.59%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Russia from South Carolina tracks the count of businesses in South Carolina that export to Russia. This metric provides insight into the economic ties between the state and the Russian market.
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 measures the number of companies based in South Carolina that have been identified as exporting goods to Russia. It offers a high-level view of the commercial relationships and trade flows between the state and the Russian economy.
Methodology
The data is collected through business surveys and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the impact of economic conditions and geopolitical events on South Carolina's exports to Russia.
Key Facts
- South Carolina exported over $100 million in goods to Russia in 2021.
- The number of identified exporters from South Carolina to Russia peaked in 2014 at 120 companies.
- Exports to Russia account for less than 1% of total exports from South Carolina.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses based in South Carolina that have been identified as exporting goods to Russia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic ties between South Carolina and the Russian market, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the impact of economic conditions and geopolitical events on South Carolina's exports to Russia.
Q: Are there update delays or limitations?
A: The data may be subject to publication delays, and the number of identified exporters may not capture all trade activity between South Carolina and Russia.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Russia from South Carolina (SCRUSA475SCEN), retrieved from FRED.