Value of Exports to Croatia from Illinois
ILHRVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,292,036.00
Year-over-Year Change
304.54%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Croatia from Illinois' measures the dollar value of goods and services exported from the state of Illinois to Croatia. This metric is important for understanding trade patterns and the economic relationship between Illinois and Croatia.
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 total value of merchandise exports from Illinois to Croatia. It is used by economists, trade analysts, and policymakers to track the commercial activity and integration between the two economies.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
The metric informs discussions around U.S. international trade and commercial diplomacy.
Key Facts
- Illinois exported over $50 million in goods to Croatia in 2021.
- Machinery and transportation equipment make up the largest export categories.
- Croatia is a key U.S. trading partner in Southeastern Europe.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of merchandise exports from the U.S. state of Illinois to Croatia. It reflects the trade activity and commercial relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This data point is important for understanding state-level trade flows, identifying key export industries, and analyzing economic integration between Illinois and foreign markets like Croatia.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on administrative records of international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and trade officials use this metric to inform discussions around U.S. international trade agreements, commercial diplomacy, and state-level economic development strategies.
Q: Are there update delays or limitations?
A: There is typically a 2-3 month lag in reporting this trade data. The figures may also be subject to revisions over time as more complete information becomes available.
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Harmonized Index of Consumer Prices: Services (Overall Index Excluding Goods) for Croatia
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Harmonized Index of Consumer Prices: Overall Index Excluding Energy for Croatia
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Harmonized Index of Consumer Prices: Other Services N.e.c. for Croatia
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Exchange Rate Adjusted Changes of Domestic Debt Securities for Issuers in Financial Corporations, Residence of Issuer in Croatia
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Amount Outstanding of Domestic Bonds and Notes in General Government Sector, Long-Term at Original Maturity, Residence of Issuer in Croatia
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Citation
U.S. Federal Reserve, Value of Exports to Croatia from Illinois (ILHRVA052SCEN), retrieved from FRED.