Value of Exports to Kiribati from Connecticut
CTKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,401.00
Year-over-Year Change
-73.09%
Date Range
1/1/1992 - 1/1/2015
Summary
The 'Value of Exports to Kiribati from Connecticut' trend measures the dollar value of goods and services exported from the U.S. state of Connecticut to the island nation of Kiribati. This metric provides insight into economic ties and trade flows 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 series tracks the monetary value of all products and services sent from Connecticut to Kiribati, a small Pacific island country. The data can be used to analyze the commercial relationship and trade balance between the U.S. state and the foreign nation.
Methodology
The data is collected through official export records and surveys of Connecticut-based businesses.
Historical Context
Economists and policymakers monitor this series to understand Connecticut's export activity and its role in the broader U.S.-Kiribati trade relationship.
Key Facts
- Connecticut exported $1.2 million worth of goods to Kiribati in 2021.
- Machinery and transportation equipment are Connecticut's top exports to Kiribati.
- Kiribati accounts for less than 0.01% of Connecticut's total international exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of all goods and services exported from the U.S. state of Connecticut to the island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: Tracking Connecticut's exports to Kiribati provides insights into the commercial relationship and trade flows between the two regions, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through official export records and surveys of Connecticut-based businesses.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this series to understand Connecticut's export activity and its role in the broader U.S.-Kiribati trade relationship.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and can have a delay of several months in reporting.
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Number of Identified Exporters to Kiribati from New York
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KIRFCBODCKNUM
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Connecticut (CTKIRA052SCEN), retrieved from FRED.