Value of Exports to Solomon Islands from Florida
FLSLBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
671,738.00
Year-over-Year Change
-9.23%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Florida to the Solomon Islands. It provides insights into trade flows and the strength of economic ties 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
The 'Value of Exports to Solomon Islands from Florida' series tracks the total dollar value of goods and services exported from Florida to the Solomon Islands. This metric is used by economists and policymakers to analyze the trade relationship and economic interdependence between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This export data is relevant for understanding Florida's participation in the global economy and the state's trade dynamics with Pacific Island nations.
Key Facts
- Florida exported $7.3 million in goods and services to the Solomon Islands in 2021.
- Machinery and agricultural products are major export categories from Florida to the Solomon Islands.
- The value of Florida's exports to the Solomon Islands has grown by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Florida to the Solomon Islands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic interdependence between Florida and the Solomon Islands, which is useful for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This export data is relevant for understanding Florida's participation in the global economy and can inform trade policies and agreements between the United States and Pacific Island nations.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month delay in the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Solomon Islands from Florida (FLSLBA052SCEN), retrieved from FRED.