Value of Exports to Croatia from Connecticut
CTHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
483,407.00
Year-over-Year Change
67.29%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Croatia from Connecticut' measures the dollar value of goods and services exported from the U.S. state of Connecticut to Croatia. This metric is important for economists and policymakers to assess regional trade flows and the state's economic connections with foreign markets.
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 exports originating from Connecticut businesses and sent to Croatia. It provides insight into the commercial relationships and trade patterns between the state and this European Union member country.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual state export series.
Historical Context
Policymakers and trade analysts use this metric to understand Connecticut's export market diversification and exposure to global economic conditions.
Key Facts
- Connecticut exported $24.8 million worth of goods to Croatia in 2021.
- Exports to Croatia account for less than 1% of Connecticut's total annual exports.
- The top Connecticut export categories to Croatia are machinery, chemicals, and computer/electronic products.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total dollar value of goods and services exported from the U.S. state of Connecticut to Croatia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Connecticut's trade relationships and export market diversification, which is valuable information for policymakers, businesses, and economic researchers.
Q: How is this data collected or calculated?
A: The data is collected and reported annually by the U.S. Census Bureau as part of its state export series.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this data to understand Connecticut's economic connections with global markets and assess the state's export-related economic activity and growth.
Q: Are there update delays or limitations?
A: The data is published annually with a lag, so the most recent year's figures may not be immediately available.
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from Connecticut (CTHRVA052SCEN), retrieved from FRED.