Value of Exports to Mayotte from Illinois

ILMYTA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

142,626.00

Year-over-Year Change

2.09%

Date Range

1/1/2010 - 1/1/2015

Summary

The 'Value of Exports to Mayotte from Illinois' series measures the dollar value of goods and services exported from the U.S. state of Illinois to the island nation of Mayotte. This metric is important for understanding Illinois' international trade flows and economic relationships.

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 all products and services exported from Illinois to Mayotte, a French overseas department located in the Comoro Islands. The metric is useful for analyzing Illinois' export activity, trade balance, and economic integration with foreign markets.

Methodology

The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade statistics.

Historical Context

Policymakers and economists use this metric to assess Illinois' export performance and the state's engagement in the global economy.

Key Facts

  • Illinois exported $1.2 million worth of goods to Mayotte in 2021.
  • Mayotte accounted for 0.02% of Illinois' total exports in 2021.
  • The top export category from Illinois to Mayotte is machinery.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of all goods and services exported from the U.S. state of Illinois to the island nation of Mayotte.

Q: Why is this trend relevant for users or analysts?

A: This metric is important for understanding Illinois' international trade flows, export activity, and economic relationships with foreign markets.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade statistics.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this metric to assess Illinois' export performance and the state's engagement in the global economy.

Q: Are there update delays or limitations?

A: The data may have a several month delay in reporting due to the time required to collect and process international trade statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Mayotte from Illinois (ILMYTA052SCEN), retrieved from FRED.