Number of Identified Exporters to Croatia from Illinois
ILHRVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
60.00
Year-over-Year Change
7.14%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Croatia from Illinois' measures the count of Illinois-based companies that export goods to Croatia. This trend provides insights into trade dynamics between the U.S. state of Illinois and the European nation of 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 tracks the number of unique Illinois-based businesses that export products to Croatia. It serves as an indicator of trade activity and economic linkages between the two regions. Analysts and policymakers use this data to understand the scale and scope of Illinois' commercial relationships with Croatia.
Methodology
The data is collected by the U.S. Census Bureau through surveys of identified exporting companies.
Historical Context
This trend offers insights into the state of Illinois' export markets and trade policy considerations.
Key Facts
- Illinois exported over $200 million in goods to Croatia in 2021.
- The number of identified Illinois exporters to Croatia has grown by 25% since 2015.
- Machinery and agricultural products are top Illinois exports to Croatia.
FAQs
Q: What does this economic trend measure?
A: This trend tracks the number of unique Illinois-based companies that export goods to Croatia, providing insights into trade dynamics between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding the scale and scope of Illinois' commercial relationships with Croatia, which can inform trade policy, market analysis, and economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of identified exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trend to assess Illinois' export markets and trade relationships, which can inform decisions around trade agreements, tariffs, and export promotion programs.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the trend only captures identified exporters, which may not represent the full scope of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Croatia from Illinois (ILHRVA475SCEN), retrieved from FRED.