Value of Exports to Singapore from South Dakota
SDSGPA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,057,079.00
Year-over-Year Change
-76.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the total value of goods and services exported from South Dakota to Singapore. It provides insight into South Dakota's trade relationship with a key international partner.
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
The Value of Exports to Singapore from South Dakota is an important indicator of the state's export economy and ability to participate in global trade. It tracks the monetary value of all products and services sold by South Dakota businesses to customers in Singapore.
Methodology
The data is collected through surveys of South Dakota exporters and compiled by the U.S. Census Bureau.
Historical Context
This trend is used by policymakers, economists, and business leaders to assess South Dakota's export performance and trade dynamics.
Key Facts
- South Dakota exported $67.2 million worth of goods to Singapore in 2021.
- Singapore is South Dakota's 8th largest export destination.
- Agricultural products make up over 60% of South Dakota's exports to Singapore.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all goods and services exported from South Dakota to customers in Singapore.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into South Dakota's trade relationship with a key international partner and helps assess the state's export performance and participation in global markets.
Q: How is this data collected or calculated?
A: The data is collected through surveys of South Dakota exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers, economists, and business leaders use this trend to evaluate South Dakota's export economy and inform decisions related to trade, economic development, and international market strategies.
Q: Are there update delays or limitations?
A: There may be several months of lag between the reporting period and the public release of this data by the U.S. Census Bureau.
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GASGPA052SCEN
Number of Identified Exporters to Singapore from Maine
MESGPA475SCEN
Consumer Price Index for Singapore
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5-Bank Asset Concentration for Singapore
DDOI06SGA156NWDB
Total Credit to Households and Non-Profit Institutions Serving Households, Unadjusted for Breaks, for Singapore
CRDQSGAHUBIS
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for Singapore
QSGNAM770A
Citation
U.S. Federal Reserve, Value of Exports to Singapore from South Dakota (SDSGPA052SCEN), retrieved from FRED.