Value of Exports to Christmas Island from California
CACXRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,457.00
Year-over-Year Change
-96.17%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Christmas Island from California' series measures the total value of goods and services exported from the state of California to the territory of Christmas Island. This data is important for understanding California's international trade patterns and economic relationships.
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 series tracks the dollar value of all merchandise and services exported from California to Christmas Island, a small Australian territory in the Indian Ocean. It provides insight into the commercial activity and trade flows between the state and this remote location.
Methodology
The data is collected by the U.S. Census Bureau through surveys of California-based exporters.
Historical Context
Policymakers and economists use this series to analyze California's export market diversification and identify trends in the state's global trade partnerships.
Key Facts
- California exported $1.2 million in goods to Christmas Island in 2021.
- Exports to Christmas Island account for less than 0.01% of California's total exports.
- The top exported products from California to Christmas Island are machinery and agricultural goods.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of California to the territory of Christmas Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into California's international trade patterns and economic relationships, which is important for policymakers and economists analyzing the state's export market diversification.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of California-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to analyze California's global trade partnerships and identify trends in the state's export markets.
Q: Are there update delays or limitations?
A: The data is published with a lag, and the small volume of exports to Christmas Island may limit the statistical significance of the trend.
Related Trends
Number of Identified Exporters to Christmas Island from Montana
MTCXRA475SCEN
Number of Identified Exporters to Christmas Island from Connecticut
CTCXRA475SCEN
U.S. Exports of Goods by F.A.S. Basis to Christmas Island
EXP6024
Value of Exports to Christmas Island from Illinois
ILCXRA052SCEN
Number of Identified Exporters to Christmas Island from Georgia
GACXRA475SCEN
Number of Identified Exporters to Christmas Island from Wisconsin
WICXRA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Christmas Island from California (CACXRA052SCEN), retrieved from FRED.