Value of Exports to Turkey from South Carolina
SCTURA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
74,455,199.00
Year-over-Year Change
-44.09%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Turkey from South Carolina' measures the total value of goods exported from South Carolina to Turkey. This metric is important for assessing South Carolina's trade relationship with Turkey and the state's export activity.
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 dollar value of physical goods, such as agricultural products, machinery, and chemicals, that are exported from businesses in South Carolina to customers in Turkey. The data provides insight into South Carolina's export-driven economic activity and its integration with the Turkish market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and trade analysts use this metric to evaluate South Carolina's trade performance and competitiveness in the Turkish market.
Key Facts
- South Carolina exported over $250 million in goods to Turkey in 2021.
- Chemicals and machinery are two of South Carolina's top exports to Turkey.
- Turkey is one of South Carolina's fastest-growing export markets.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of physical goods exported from businesses in South Carolina to customers in Turkey.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into South Carolina's trade relationship with Turkey and the state's export-driven economic activity.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate South Carolina's trade performance and competitiveness in the Turkish market.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be some delays in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Value of Exports to Turkey from South Carolina (SCTURA052SCEN), retrieved from FRED.