Number of Identified Exporters to Singapore from Vermont
VTSGPA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
66.00
Year-over-Year Change
10.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Singapore from Vermont' metric tracks the count of Vermont-based companies that export goods to Singapore. This data provides insights into Vermont's international trade patterns and economic connections.
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 measures the number of distinct Vermont-based companies that have reported exporting products or services to Singapore. It serves as an indicator of the scale and diversity of Vermont's export relationships with the Singaporean market.
Methodology
The data is collected through mandatory business surveys and customs declarations.
Historical Context
Policymakers and trade analysts use this information to evaluate Vermont's export performance and guide economic development strategies.
Key Facts
- Vermont exported $58 million in goods to Singapore in 2021.
- The number of Vermont exporters to Singapore has grown by 12% over the past 5 years.
- Top Vermont exports to Singapore include machinery, computer equipment, and medical devices.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of distinct Vermont-based companies that have reported exporting products or services to Singapore.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and diversity of Vermont's export relationships with the Singaporean market, which is valuable for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected through mandatory business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this information to evaluate Vermont's export performance and guide economic development strategies.
Q: Are there update delays or limitations?
A: There may be delays of several months in reporting the latest data, and the survey coverage may not capture all exporting companies.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Singapore from Vermont (VTSGPA475SCEN), retrieved from FRED.