Value of Exports to Morocco from Washington
WAMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9,367,594.00
Year-over-Year Change
-16.27%
Date Range
1/1/2014 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Washington to Morocco. It provides insights into bilateral trade flows and can inform policymakers and businesses on market opportunities.
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
The Value of Exports to Morocco from Washington series tracks the dollar value of goods and services exported from the state of Washington to the North African country of Morocco. This data point is used by economists and trade analysts to monitor the commercial relationship between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Historical Context
Trends in export values can signal shifts in economic policy, trade agreements, or consumer demand that are relevant for businesses and government trade agencies.
Key Facts
- Washington exported $71.5 million to Morocco in 2021.
- Morocco is Washington's 51st largest export destination.
- Top Washington exports to Morocco include aircraft, machinery, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of goods and services exported from the U.S. state of Washington to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: Tracking export values provides insights into bilateral trade flows and can inform policy decisions and business strategies related to the Washington-Morocco commercial relationship.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau based on customs declarations for goods and services exported from Washington to Morocco.
Q: How is this trend used in economic policy?
A: Policymakers and trade agencies use this data to monitor changes in export patterns, which can signal shifts in trade agreements, consumer demand, or other economic factors.
Q: Are there update delays or limitations?
A: The data is typically updated monthly with a 1-2 month lag. It may not capture all informal or unreported trade activity between Washington and Morocco.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Washington (WAMARA052SCEN), retrieved from FRED.