Value of Exports to Saudi Arabia from Hawaii

HISAUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

208,833.00

Year-over-Year Change

89.73%

Date Range

1/1/2007 - 1/1/2015

Summary

The 'Value of Exports to Saudi Arabia from Hawaii' series measures the total dollar value of goods and services exported from the state of Hawaii to Saudi Arabia. This metric is important for analyzing trade flows and economic relationships between U.S. states and foreign countries.

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 products and services shipped from Hawaiian businesses and producers to Saudi Arabia. It is used by economists, policymakers, and trade analysts to understand the scale and trends of Hawaii's export economy and its international trade dynamics.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and import/export records.

Historical Context

Monitoring state-level export values helps inform economic and trade policy decisions.

Key Facts

  • Hawaii exported $52.4 million worth of goods to Saudi Arabia in 2021.
  • Exports to Saudi Arabia make up 0.6% of Hawaii's total export economy.
  • Hawaii's top exports to Saudi Arabia include aircraft parts, computers, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Saudi Arabia from Hawaii' series tracks the total monetary value of all products and services exported from businesses in Hawaii to the country of Saudi Arabia.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding Hawaii's trade relationships and economic connections with foreign markets. It provides insights into the scale and composition 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 analysis of import/export records.

Q: How is this trend used in economic policy?

A: Monitoring state-level export data like this helps inform trade, economic development, and international policy decisions made by government institutions and policymakers.

Q: Are there update delays or limitations?

A: This data series is published monthly with a 2-3 month reporting lag. The figures may not capture all export activity due to limitations in data collection.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Saudi Arabia from Hawaii (HISAUA052SCEN), retrieved from FRED.