Value of Exports to Finland from Florida
FLFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,510,848.00
Year-over-Year Change
-24.51%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Finland from Florida' series measures the dollar value of goods exported from the state of Florida to Finland. This metric is important for economists and policymakers to understand Florida's trade relationships and economic ties with international 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 economic trend represents the total value of merchandise exports from Florida to Finland. It is used by analysts to evaluate the strength of Florida's exporting activity and its commercial relationship with this European trading partner.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade experts monitor this series to assess the health of Florida's export economy and make informed decisions about economic development strategies.
Key Facts
- Florida exported over $600 million worth of goods to Finland in 2021.
- Machinery and transportation equipment make up the largest share of Florida's exports to Finland.
- The value of Florida's exports to Finland has grown by 30% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of merchandise exports from the state of Florida to Finland.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding Florida's trade relationships and economic ties with international markets, particularly in Europe.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade experts monitor this series to assess the health of Florida's export economy and make informed decisions about economic development strategies.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several weeks, so there may be a delay in the most recent information.
Related Trends
People 25 Years and Over Who Have Completed a Graduate or Professional Degree for Florida
GCT1503FL
Projected Business Formations Within Four Quarters: Total for All NAICS in Florida
BFPBF4QTOTALNSAFL
All Employees: Air Transportation in Florida
SMU12000004348100001A
Employed Persons in Florida
LAUST120000000000005
Gross Domestic Product: Transportation and Utilities (22, 48-49) in Florida
FLTRANSUTILNGSP
All Employees: Manufacturing: Durable Goods: Miscellaneous Manufacturing in Florida
SMU12000003133900001SA
Citation
U.S. Federal Reserve, Value of Exports to Finland from Florida (FLFINA052SCEN), retrieved from FRED.