Value of Exports to Jamaica from Washington
WAJAMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,327,003.00
Year-over-Year Change
163.11%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Jamaica from Washington measures the total value of merchandise exports from the U.S. state of Washington to Jamaica. This economic indicator provides insights into trade flows and commercial activity 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 series represents the dollar value of all physical goods exported from Washington to Jamaica, including agricultural products, manufactured goods, and raw materials. Economists and policymakers analyze this data to understand trade imbalances, supply chain dynamics, and the commercial relationship between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Historical Context
The Value of Exports to Jamaica from Washington is used to inform trade policies, investment decisions, and economic forecasting.
Key Facts
- Washington exported over $250 million in goods to Jamaica in 2021.
- Jamaica is Washington's 51st largest export market globally.
- Top Washington exports to Jamaica include aircraft, machinery, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Jamaica from Washington measures the total dollar value of all merchandise exported from the U.S. state of Washington to the country of Jamaica.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial relationship and trade flows between Washington and Jamaica, which is useful for informing economic policies, investment decisions, and trade analysis.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to understand trade imbalances, supply chain dynamics, and the broader commercial relationship between Washington and Jamaica, which can inform trade policies and economic strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be a delay in accessing the most recent figures. The data also does not capture certain types of exports, such as services or intangible goods.
Related Trends
General Government Expense for Jamaica
JAMGGEIGDP
Value of Exports to Jamaica from California
CAJAMA052SCEN
Bank Deposits to GDP for Jamaica
DDOI02JMA156NWDB
Deposit Money Bank Assets to Deposit Money Bank Assets and Central Bank Assets for Jamaica
DDDI04JMA156NWDB
Number of Identified Exporters to Jamaica from Michigan
MIJAMA475SCEN
Value of Exports to Jamaica from District of Columbia
DCJAMA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Jamaica from Washington (WAJAMA052SCEN), retrieved from FRED.