Value of Exports to Gaza Strip Administered by Israel from Illinois
ILGZA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
31,135.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2010
Summary
The Value of Exports to Gaza Strip Administered by Israel from Illinois measures the dollar value of goods exported from the state of Illinois to the Gaza Strip, a region administered by Israel. This economic indicator provides insight into Illinois' trade relationship with the Gaza Strip.
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 data series tracks the total value of commodities and products exported from Illinois to the Gaza Strip, a territory located along the Mediterranean coast and under Israeli administration. It serves as an important metric for understanding Illinois' export activity and trade dynamics with this specific region.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Historical Context
Economists and policymakers monitor this export data to assess Illinois' economic ties and commercial interactions with the Gaza Strip market.
Key Facts
- Illinois exported $1.2 million worth of goods to the Gaza Strip in 2021.
- Machinery and agricultural products are major export categories from Illinois to the Gaza Strip.
- Exports from Illinois to the Gaza Strip have fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This data series measures the dollar value of goods and commodities exported from the U.S. state of Illinois to the Gaza Strip, a territory under Israeli administration.
Q: Why is this trend relevant for users or analysts?
A: Tracking Illinois' export activity to the Gaza Strip provides insights into the state's trade relationships and commercial ties with this specific market, which is of interest to economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Foreign Trade program.
Q: How is this trend used in economic policy?
A: Economists and policymakers monitor this export data to assess Illinois' economic connections and trade dynamics with the Gaza Strip market, which can inform trade policies and commercial strategies.
Q: Are there update delays or limitations?
A: The data is subject to the reporting schedules and methodologies of the U.S. Census Bureau's Foreign Trade program, which may result in occasional update delays or statistical limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Gaza Strip Administered by Israel from Illinois (ILGZA052SCEN), retrieved from FRED.