Value of Exports to Tonga from Texas
TXTONA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50,372.00
Year-over-Year Change
-46.86%
Date Range
1/1/2007 - 1/1/2017
Summary
The 'Value of Exports to Tonga from Texas' trend measures the total value of goods and services exported from Texas to the country of Tonga. This metric is important for economists and policymakers to understand trade dynamics and economic relationships between U.S. states and foreign nations.
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 monetary value of all products and services exported from the state of Texas to the island country of Tonga. It provides insight into the trade balance and commercial activity between the two economies, which can inform policy decisions and business strategies.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and market analysts use this trend to assess the strength of economic ties between Texas and Tonga.
Key Facts
- Texas is the second-largest exporting state in the U.S.
- Tonga is a Polynesian island country in the South Pacific Ocean.
- Exports from Texas to Tonga primarily include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the U.S. state of Texas to the country of Tonga.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Texas and Tonga, which can inform economic policy decisions and business strategies.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this trend to assess the strength of economic ties between Texas and Tonga, which can inform trade agreements and investment decisions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in reporting.
Related Trends
Number of Identified Exporters to Tonga from New York
NYTONA475SCEN
Use of Financial Services: Key Indicators Mobile Money Transactions (during the Reference Year) Per 1000 Adults for Tonga
TONFCMTANUM
Number of Identified Exporters to Tonga from Colorado
COTONA475SCEN
Value of Exports to Tonga from Tennessee
TNTONA052SCEN
Geographical Outreach: Key Indicators ATMs Per 1000 Km2 for Tonga
TONFCAKNUM
Number of Identified Exporters to Tonga from Pennsylvania
PATONA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Tonga from Texas (TXTONA052SCEN), retrieved from FRED.