Number of Identified Exporters to Tonga from Washington
WATONA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2.00
Year-over-Year Change
100.00%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Number of Identified Exporters to Tonga from Washington' metric tracks the count of businesses located in Washington state that export goods to the South Pacific island nation of Tonga. This data provides insights into trade flows and economic 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 economic trend measures the number of Washington-based companies that have been identified as exporting products or services to Tonga. It serves as an indicator of the strength and breadth of commercial ties between the two economies.
Methodology
The data is collected through a combination of business surveys and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess the health of export-oriented industries in Washington and opportunities for economic cooperation with Tonga.
Key Facts
- Washington is one of the top exporting states in the U.S.
- Tonga is a small island nation in the South Pacific
- Trade with Tonga represents a small but valuable market for Washington businesses
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in Washington state that have been identified as exporting goods or services to Tonga.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the commercial relationships and trade flows between Washington and Tonga, which can inform economic policy and business strategy.
Q: How is this data collected or calculated?
A: The data is compiled through a combination of business surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess the health of Washington's export-oriented industries and identify opportunities for strengthening economic ties with Tonga.
Q: Are there update delays or limitations?
A: The data may be subject to lags in reporting and may not capture all exporting activity due to limitations in business reporting.
Related Trends
Geographical Outreach: Key Indicators, Mobile Banking, Registered Agent Outlets Per 1000 Km2 for Tonga
TONFCMORKNUM
Number of Identified Exporters to Tonga from Indiana
INTONA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Tonga
TONFCBODDNUM
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Tonga
BARTERICMP25UPZSTON
Consolidated Foreign Claims of BIS-Reporting Banks to GDP for Tonga
DDOI12TOA156NWDB
Number of Identified Exporters to Tonga from Minnesota
MNTONA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Tonga from Washington (WATONA475SCEN), retrieved from FRED.