Value of Exports to Saint Kitts and Nevis from Washington

WAKNAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

219,864.00

Year-over-Year Change

157.12%

Date Range

1/1/2002 - 1/1/2016

Summary

The 'Value of Exports to Saint Kitts and Nevis from Washington' series measures the dollar value of goods and services exported from the state of Washington to the Caribbean island nation of Saint Kitts and Nevis. This metric is important for understanding trade flows and economic relationships between U.S. states and foreign countries.

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 total value of all products and services exported from Washington, one of the largest exporting states in the U.S., to the small island country of Saint Kitts and Nevis. It provides insight into the commercial ties and economic interdependence between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.

Historical Context

Policy makers and trade analysts use this metric to assess the strength of economic partnerships between U.S. states and foreign markets.

Key Facts

  • Washington is one of the top exporting states in the U.S.
  • Saint Kitts and Nevis is a small Caribbean island nation
  • Trade between U.S. states and foreign countries is an important economic indicator

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and services exported from the U.S. state of Washington to the country of Saint Kitts and Nevis.

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

A: This metric provides insight into the trade relationship and economic ties between Washington state and the Caribbean nation of Saint Kitts and Nevis, which is valuable information for policymakers and market analysts.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to assess the strength of economic partnerships between U.S. states and foreign markets, which informs decisions around trade agreements and economic development strategies.

Q: Are there update delays or limitations?

A: There may be delays in data reporting and potential limitations in coverage or scope, as is common with economic statistics collected through surveys.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saint Kitts and Nevis from Washington (WAKNAA052SCEN), retrieved from FRED.