Number of Identified Exporters to Rwanda from Illinois

ILRWAA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

16.00

Year-over-Year Change

700.00%

Date Range

1/1/1997 - 1/1/2017

Summary

The Number of Identified Exporters to Rwanda from Illinois metric tracks the total number of businesses located in Illinois that are exporting goods and services to Rwanda.

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 economic indicator provides insight into the level of trade and commercial activity between Illinois and the Rwandan market. It is used by economists and policymakers to assess the strength of Illinois' export relationships and identify opportunities for trade growth.

Methodology

The data is collected through surveys of Illinois businesses and compiled by the U.S. Census Bureau.

Historical Context

This trend is relevant for understanding Illinois' export performance and competitiveness in the Rwandan market.

Key Facts

  • Illinois is one of the top exporting states in the U.S.
  • Rwanda has seen strong economic growth in recent years.
  • Export activity can drive job creation and business expansion.

FAQs

Q: What does this economic trend measure?

A: This metric tracks the total number of businesses located in Illinois that are exporting goods and services to Rwanda.

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

A: This indicator provides insight into the strength of Illinois' export relationships and trade with the Rwandan market, which is useful for economists and policymakers.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Illinois businesses and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: This trend can inform policies and programs aimed at supporting Illinois exporters and expanding trade opportunities with the Rwandan market.

Q: Are there update delays or limitations?

A: The data may be subject to reporting lags, and the number of identified exporters may not capture all export activity from Illinois to Rwanda.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Rwanda from Illinois (ILRWAA475SCEN), retrieved from FRED.