Number of Identified Exporters to Namibia from Illinois

ILNAMA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

20.00

Year-over-Year Change

25.00%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Number of Identified Exporters to Namibia from Illinois' series tracks the count of Illinois-based companies that export goods to Namibia. This metric is a key indicator of trade activity and economic ties between the U.S. state and the southern African nation.

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 measures the number of unique Illinois-based companies that have been identified as exporting products or services to Namibia in a given time period. It provides insight into the scale and trends of Illinois' commercial engagement with the Namibian market.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

Policymakers and trade analysts use this metric to assess the health of Illinois' export economy and guide decisions on trade promotion and commercial diplomacy.

Key Facts

  • Illinois exported $X.X billion in goods to Namibia in [latest year].
  • The number of identified Illinois exporters to Namibia has [increased/decreased] by [X]% over the past [X] years.
  • Namibia ranks [Xth] among Illinois' export destinations.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of unique Illinois-based companies that have been identified as exporting products or services to Namibia in a given time period.

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

A: This metric provides insight into the scale and trends of Illinois' commercial engagement with the Namibian market, which is useful for policymakers and trade analysts assessing the health of the state's export economy.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to guide decisions on trade promotion and commercial diplomacy between Illinois and Namibia.

Q: Are there update delays or limitations?

A: There may be delays of several months in the reporting of this data due to the time required for collection and processing by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Namibia from Illinois (ILNAMA475SCEN), retrieved from FRED.