Value of Exports to Hong Kong from South Dakota
SDHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
6,494,312.00
Year-over-Year Change
-81.82%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from South Dakota' measures the total dollar value of goods and services exported from South Dakota to Hong Kong. This economic indicator provides insights into South Dakota's trade relationship with the global Hong Kong 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 represents the monetary value of products and services shipped from businesses in South Dakota to customers and distributors in Hong Kong. It is an important measure of South Dakota's export economy and trade integration with a major Asian trading partner.
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 Dakota's export performance and economic ties with the Hong Kong market.
Key Facts
- South Dakota exported $XX.XX million in goods to Hong Kong in the latest period.
- Hong Kong was South Dakota's Xth largest export destination in the past year.
- Key South Dakota exports to Hong Kong include [top product categories].
FAQs
Q: What does this economic trend measure?
A: This series measures the total monetary value of goods and services exported from businesses in South Dakota to customers and distributors in Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into South Dakota's trade relationship and economic integration with the Hong Kong market, which is a major global trading hub.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies in South Dakota.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this indicator to evaluate South Dakota's export performance and economic ties with the Hong Kong market.
Q: Are there update delays or limitations?
A: There may be lags of several months in the availability of the latest data due to the time required for collection and publication.
Related Trends
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from South Dakota (SDHKGA052SCEN), retrieved from FRED.