Value of Exports to Ethiopia from Florida
FLETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,025,930.00
Year-over-Year Change
23.22%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Ethiopia from Florida' trend measures the total value of goods and services exported from the state of Florida to the country of Ethiopia. This metric is important for economists and policymakers to track regional trade patterns and commercial 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 series represents the monetary value of all merchandise and services that businesses and individuals in Florida export to Ethiopia. It is a key indicator of the economic and commercial ties between the two regions and can inform trade policy, market access, and business opportunities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Florida's export relationships and its role in the broader U.S.-Ethiopia commercial corridor.
Key Facts
- Florida exported over $250 million in goods and services to Ethiopia in 2021.
- Exports from Florida to Ethiopia have grown by 15% annually over the past decade.
- Ethiopia is Florida's 35th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Ethiopia from Florida' trend measures the total monetary value of merchandise and services exported from the state of Florida to the country of Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess the strength of Florida's trade relationship with Ethiopia and understand regional export patterns and dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms located in Florida.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to inform decisions around trade policy, market access, and commercial relationships between Florida and Ethiopia.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month delay in the release of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Florida (FLETHA052SCEN), retrieved from FRED.