Value of Exports to Taiwan from Washington
WATWNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,665,326,482.00
Year-over-Year Change
35.84%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Taiwan from Washington' trend measures the total value of goods and services exported from the U.S. state of Washington to Taiwan. This metric is important for analyzing trade flows and economic relationships between regional trading partners.
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 tracks the dollar value of all products and services shipped from Washington to Taiwan, a major trading partner for the state. The data is used by economists, policymakers, and businesses to assess the strength of commercial ties and identify trends in the Washington-Taiwan trade relationship.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Trends in Washington's exports to Taiwan provide insight into the overall health of the state's international trade activity and economic conditions.
Key Facts
- Washington is one of the top exporting states in the U.S.
- Taiwan is Washington's 5th largest export market globally.
- High-tech products and agricultural goods make up a large share of Washington's exports to Taiwan.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Washington to Taiwan.
Q: Why is this trend relevant for users or analysts?
A: Tracking Washington's exports to Taiwan provides insights into the strength of trade and economic ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess the health of Washington's international trade relationships and the state's overall economic conditions.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-3 month lag from the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Taiwan from Washington (WATWNA052SCEN), retrieved from FRED.