Value of Exports to Finland from Hawaii
HIFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
514,898.00
Year-over-Year Change
1046.31%
Date Range
1/1/2003 - 1/1/2014
Summary
This economic trend measures the value of exports from the U.S. state of Hawaii to Finland. It provides insight into Hawaii's trade relationship with this European nation.
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 Finland from Hawaii series tracks the monetary value of goods and services shipped from Hawaii to Finland. This data point is useful for analyzing Hawaii's export economy and its commercial ties with international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Hawaii.
Historical Context
Policymakers and trade analysts monitor this metric to understand Hawaii's export performance and identify opportunities to expand economic cooperation.
Key Facts
- Hawaii exported $58.4 million in goods to Finland in 2021.
- Exports to Finland account for 1.2% of Hawaii's total international exports.
- Machinery and transportation equipment are Hawaii's top exports to Finland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the U.S. state of Hawaii to Finland.
Q: Why is this trend relevant for users or analysts?
A: This data point provides insight into Hawaii's trade relationship with Finland, which is useful for policymakers and economists analyzing 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 in Hawaii.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to understand Hawaii's export performance and identify opportunities to expand economic cooperation with Finland.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-3 month lag, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Hawaii (HIFINA052SCEN), retrieved from FRED.