Value of Exports to Sri Lanka from Texas

TXLKAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

17,015,371.00

Year-over-Year Change

81.55%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Sri Lanka from Texas' measures the total value of goods exported from the state of Texas to Sri Lanka. This metric is important for understanding Texas's trade relationships and economic ties with international markets.

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 all merchandise exported from Texas to Sri Lanka. It provides insights into the trade flows and commercial activity between the two regions. Economists and policymakers use this data to analyze Texas's export patterns and assess the state's economic connections with the global economy.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

This metric is relevant for evaluating Texas's trade position and economic integration within international markets.

Key Facts

  • Texas is the second-largest exporting state in the U.S.
  • Sri Lanka is an emerging market with a population of over 21 million people.
  • Exports to Sri Lanka account for a small fraction of Texas's total international trade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of all merchandise exported from the state of Texas to Sri Lanka.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into Texas's trade relationships and economic ties with international markets, which is valuable information for economists, policymakers, and businesses.

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: This metric is relevant for evaluating Texas's trade position and economic integration within international markets, which can inform policy decisions and trade strategies.

Q: Are there update delays or limitations?

A: The data is subject to the reporting schedules and collection methods of the U.S. Census Bureau, which may result in occasional delays or limitations in its availability.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Sri Lanka from Texas (TXLKAA052SCEN), retrieved from FRED.