Value of Exports to Peru from Illinois
ILPERA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
282,037,886.00
Year-over-Year Change
174.44%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Peru from Illinois' measures the dollar value of goods and services exported from the state of Illinois to Peru. This metric is important for understanding Illinois' trade relationship with Peru and the state's participation in the global economy.
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 total value of all exports originating from Illinois and destined for Peru. It provides insight into the commercial ties between the two regions and can be used to analyze Illinois' export performance and competitiveness in the Peruvian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists monitor this trend to gauge Illinois' export activity and the state's economic integration with Peru.
Key Facts
- Illinois is one of the largest exporting states in the U.S.
- Peru is an important trade partner for Illinois, especially in agricultural products.
- Export values can fluctuate due to changes in commodity prices and exchange rates.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Illinois to Peru.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insight into Illinois' trade relationship with Peru and the state's participation in the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists monitor this trend to gauge Illinois' export activity and the state's economic integration with Peru.
Q: Are there update delays or limitations?
A: The data may be subject to revisions and can fluctuate due to changes in commodity prices and exchange rates.
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Citation
U.S. Federal Reserve, Value of Exports to Peru from Illinois (ILPERA052SCEN), retrieved from FRED.