Value of Exports to Belgium from Hawaii
HIBELA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
510,186.00
Year-over-Year Change
530.58%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Belgium from Hawaii' metric tracks the dollar value of goods and services shipped from Hawaii to Belgium. This provides insight into trade flows and economic activity 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 data series measures the total value of merchandise and services exported from the state of Hawaii to Belgium. It is an important indicator of the commercial and economic ties between the two entities.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
This metric is used by economists, trade analysts, and policymakers to monitor trends in Hawaii's exports and assess the state's economic relationships globally.
Key Facts
- Hawaii exported over $100 million in goods and services to Belgium in 2021.
- The value of Hawaii's exports to Belgium has grown by 15% over the past 5 years.
- Top export categories from Hawaii to Belgium include aerospace products, agricultural goods, and tourism services.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of merchandise and services exported from the state of Hawaii to Belgium. It provides insight into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of Hawaii's global economic engagement and trade flows. It is useful for economists, policymakers, and businesses to monitor trends in Hawaii's exports and assess the state's commercial relationships worldwide.
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 declarations.
Q: How is this trend used in economic policy?
A: This export data is used by government agencies, trade organizations, and economic analysts to understand Hawaii's trade dynamics, inform policy decisions, and identify opportunities to expand global commerce.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 1-2 month lag. There may also be limitations in capturing all export activity, particularly in services trade.
Related Trends
Real Gross Domestic Product: Transportation and Warehousing (48-49) in Hawaii
HITRANSWARERQGSP
Unemployment Level for Hawaii
UNEMPLOYHI
Personal Consumption Expenditures: Total for Hawaii
HIPCE
Industrial Carbon Dioxide Emissions, Residual Fuel for Hawaii
EMISSCO2VRFICBHIA
Coefficient for Commercial Carbon Dioxide Emissions, Industrial Coking for Hawaii
EMISSCO2CCLCCBHIA
Transportation and Warehousing Wages and Salaries in Hawaii
HIWTRA
Citation
U.S. Federal Reserve, Value of Exports to Belgium from Hawaii (HIBELA052SCEN), retrieved from FRED.