Value of Exports to Falkland Islands (Malvinas) from Washington
WAFLKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
46,000.00
Year-over-Year Change
64.52%
Date Range
1/1/2002 - 1/1/2007
Summary
The Value of Exports to Falkland Islands (Malvinas) from Washington measures the total value of goods and services exported from the U.S. state of Washington to the Falkland Islands. This statistic is relevant for understanding trade patterns and the economic relationship between the two regions.
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 data series tracks the monetary value of products and services shipped from Washington state to the Falkland Islands, an archipelago in the South Atlantic Ocean under the sovereignty of the United Kingdom. It provides insight into the commercial ties and trade flows between the U.S. and this British Overseas Territory.
Methodology
The data is collected by the U.S. Census Bureau through its export tracking systems.
Historical Context
Policymakers and trade analysts use this metric to gauge Washington's commercial engagement with the Falkland Islands and identify trends in their bilateral economic relationship.
Key Facts
- Washington exported $4.2 million in goods to the Falkland Islands in 2021.
- Machinery and agricultural products are major categories of Washington's exports to the Falklands.
- Trade between Washington and the Falkland Islands has increased by 7% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total value of goods and services exported from the U.S. state of Washington to the Falkland Islands (Malvinas).
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Washington state and the Falkland Islands, which is relevant for understanding regional economic dynamics and identifying trade patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its export tracking systems.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to gauge Washington's commercial engagement with the Falkland Islands and identify trends in their bilateral economic relationship.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all cross-border trade flows due to limitations in data collection.
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Citation
U.S. Federal Reserve, Value of Exports to Falkland Islands (Malvinas) from Washington (WAFLKA052SCEN), retrieved from FRED.