Value of Exports to Fiji from Illinois
ILFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
675,156.00
Year-over-Year Change
145.31%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Illinois' trend measures the dollar value of goods and services exported from Illinois to the country of Fiji. This metric provides insight into the economic relationship and trade flows between Illinois and Fiji.
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 indicator tracks the value of exports originating in Illinois that are destined for the South Pacific island nation of Fiji. It is used by economists, policymakers, and businesses to analyze Illinois' export market performance and trade dynamics with Fiji.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
This trend can inform discussions around state-level export promotion policies and the competitiveness of Illinois products in the Fiji market.
Key Facts
- Illinois is the 5th largest exporting state in the U.S.
- Fiji is a small island nation in the South Pacific Ocean.
- Exports from Illinois to Fiji have grown by 12% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Illinois to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between Illinois and Fiji, which can inform export promotion policies and business strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: This trend can inform discussions around state-level export promotion policies and the competitiveness of Illinois products in the Fiji market.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-month lag.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Illinois (ILFJIA052SCEN), retrieved from FRED.