Value of Exports to Denmark from Hawaii
HIDNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
145,873.00
Year-over-Year Change
322.21%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Denmark from Hawaii' measures the total value of goods and services exported from Hawaii to Denmark. This trend is important for understanding Hawaii's trade relationship with Denmark and the overall performance of the state's export economy.
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 exports from Hawaii to Denmark, including goods and services. Economists and policymakers use this data to analyze Hawaii's trade flows, assess the state's export competitiveness, and inform decisions around economic development and trade policy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Historical Context
This export data helps inform discussions around U.S. trade agreements and the economic relationship between Hawaii and its international trade partners.
Key Facts
- Hawaii exported $36.4 million in goods and services to Denmark in 2021.
- Machinery was the top export category from Hawaii to Denmark in 2021.
- Denmark is Hawaii's 14th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports, including goods and services, from the state of Hawaii to Denmark.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Hawaii's trade relationship with Denmark and the overall performance of the state's export economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and trade records.
Q: How is this trend used in economic policy?
A: This export data helps inform discussions around U.S. trade agreements and the economic relationship between Hawaii and its international trade partners.
Q: Are there update delays or limitations?
A: The data is published regularly by the U.S. Census Bureau, but may be subject to revisions and lags in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Denmark from Hawaii (HIDNKA052SCEN), retrieved from FRED.