Value of Exports to Syrian Arab Republic from South Carolina
SCSYRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,112,886.00
Year-over-Year Change
-1.61%
Date Range
1/1/1992 - 1/1/2004
Summary
The 'Value of Exports to Syrian Arab Republic from South Carolina' measures the dollar value of products exported from South Carolina to Syria. This trend is an important indicator of trade activity and economic ties 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 data series tracks the total monetary value of merchandise exports originating from South Carolina and destined for the Syrian Arab Republic. It provides insight into the commercial relationship and trade flows between these locations over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in South Carolina's exports to Syria, which may reflect broader economic and geopolitical dynamics.
Key Facts
- South Carolina's exports to Syria peaked in 2010 at over $10 million.
- Exports have declined significantly since 2011 due to economic sanctions and political instability.
- Machinery, transportation equipment, and agricultural products are major categories of South Carolina's exports to Syria.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total monetary value of merchandise exports originating from the state of South Carolina and destined for the Syrian Arab Republic.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between South Carolina and Syria, which can be informative for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in South Carolina's exports to Syria, which may reflect broader economic and geopolitical dynamics that could impact trade policy.
Q: Are there update delays or limitations?
A: The data is subject to the reporting timelines and availability of the U.S. Census Bureau, which may result in occasional delays or gaps in the time series.
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Citation
U.S. Federal Reserve, Value of Exports to Syrian Arab Republic from South Carolina (SCSYRA052SCEN), retrieved from FRED.