Value of Exports to Guinea from Illinois
ILGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
663,705.00
Year-over-Year Change
-12.51%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Illinois' data series tracks the dollar value of goods and services exported from the U.S. state of Illinois to the country of Guinea. This metric is useful for economists and policymakers to analyze trade flows and economic relationships between 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 trend represents the commercial export activity between Illinois and Guinea. It is a component of broader trade data used to assess the strength of economic ties and interdependence between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Historical Context
Trends in exports are monitored by government agencies and international organizations to understand market dynamics and inform economic policies.
Key Facts
- Illinois is the 5th largest exporting state in the U.S.
- Guinea is a developing country in West Africa
- Trade data helps measure economic interdependence
FAQs
Q: What does this economic trend measure?
A: This data series tracks the dollar value of goods and services exported from the U.S. state of Illinois to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: Trends in exports are monitored by economists and policymakers to analyze trade flows and economic relationships between regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and administrative trade records.
Q: How is this trend used in economic policy?
A: Export data is used by government agencies and international organizations to understand market dynamics and inform economic policies.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and limitations in capturing all trade activity between Illinois and Guinea.
Related Trends
Geographical Outreach: Key Indicators, All MFI Branches Per 1000 Km2 for Guinea
GINFCBODMFKNUM
Use of Financial Services, Liabilities: Outstanding Deposits by Small and Medium Enterprises at Commercial Banks for Guinea
GINFCLODCSXDC
Use of Financial Services Deposit Accounts: Small and Medium Enterprise Accounts at Credit Unions and Financial Cooperatives for Guinea
GINFCAODUSNUM
Use of Financial Services: Key Indicators, Outstanding Loans from Commercial Banks for Guinea
GINFCSODCGGDPPT
Number of Identified Exporters to Guinea from North Dakota
NDGINA475SCEN
Use of Financial Services: Number of Depositors which are Small and Medium Enterprises at Deposit Taking Microfinance Institutions (MFIs) for Guinea
GINFCDODMFSPENUM
Citation
U.S. Federal Reserve, Value of Exports to Guinea from Illinois (ILGINA052SCEN), retrieved from FRED.