Value of Exports to Cote d'Ivoire from Illinois
ILCIVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,135,833.00
Year-over-Year Change
116.99%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Cote d'Ivoire from Illinois' measures the dollar value of goods and services exported from the U.S. state of Illinois to the West African nation of Cote d'Ivoire. This data provides insights into trade patterns and the economic relationship between these 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 economic series tracks the total value of products and services shipped from Illinois to Cote d'Ivoire. It is useful for analyzing trade flows, identifying key export industries, and understanding the commercial ties between these geographies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This metric can inform policy decisions and business strategies related to international trade and economic development.
Key Facts
- Illinois is a major exporting state in the U.S.
- Cote d'Ivoire is an important trading partner for the Midwest region.
- Trade with West Africa has grown in strategic importance.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of goods and services exported from the U.S. state of Illinois to the country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: The data provides insights into trade patterns and the economic relationship between Illinois and Cote d'Ivoire, which can inform business strategies and policy decisions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts can use this metric to understand commercial ties between Illinois and Cote d'Ivoire, and to inform decisions around international trade and economic development.
Q: Are there update delays or limitations?
A: There may be delays in reporting due to the time required for data collection and processing by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Cote d'Ivoire from Illinois (ILCIVA052SCEN), retrieved from FRED.