Number of Identified Exporters to Papua New Guinea from Illinois
ILPNGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
21.00
Year-over-Year Change
40.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the number of identified exporters located in Illinois that export goods to Papua New Guinea. It provides insight into trade activity and commercial relationships between the U.S. state of Illinois and the Pacific island 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
The Number of Identified Exporters to Papua New Guinea from Illinois data series tracks the count of unique businesses based in Illinois that have reported exporting products or services to Papua New Guinea. This metric is used by economists and policymakers to analyze trade flows and commercial engagement between specific U.S. regions and international markets.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
This export trend data informs trade policy discussions and investment decisions related to Illinois' economic ties with Papua New Guinea.
Key Facts
- Illinois is the 5th largest exporting state in the U.S.
- Papua New Guinea is a developing economy in the South Pacific region.
- Trade with Papua New Guinea accounts for less than 1% of Illinois' total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Illinois that have reported exporting goods or services to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationships and trade flows between Illinois and the Papua New Guinea market, which is useful for economists, policymakers, and businesses analyzing regional export activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export data informs trade policy discussions and investment decisions related to Illinois' economic ties with Papua New Guinea.
Q: Are there update delays or limitations?
A: The data may have update lags of several months due to the survey-based collection process.
Related Trends
Use of Financial Services: Key Indicators, Deposit Accounts with Credit Unions and Financial Cooperatives Per 1000 Adults for Papua New Guinea
PNGFCAODUANUM
National Accounts: Real Gross Domestic Product for Papua New Guinea
PNGNGDPRPCPPPT
Use of Financial Services: Number of Deposit Accounts at Deposit Taking Microfinance Institutions (MFIs) for Papua New Guinea
PNGFCAODMFNUM
Use of Financial Services: Key Indicators, Outstanding Deposits with Commercial Banks for Papua New Guinea
PNGFCLODCGGDPPT
Use of Financial Services, Assets: Outstanding Loans at Commercial Banks for Papua New Guinea
PNGFCSODCXDC
Value of Exports to Papua New Guinea from Pennsylvania
PAPNGA052SCEN
Citation
U.S. Census Bureau, Number of Identified Exporters to Papua New Guinea from Illinois (ILPNGA475SCEN), retrieved from FRED.