Value of Exports to El Salvador from Illinois
ILSLVA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
52,334,417.00
Year-over-Year Change
180.11%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to El Salvador from Illinois' metric tracks the total value of goods and services exported from the state of Illinois to the country of El Salvador. This data is important for understanding trade flows and regional economic dynamics.
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 series measures the total value of exports originating from Illinois and destined for El Salvador. The data can provide insights into the trade relationship between the two regions and the competitiveness of Illinois-based businesses in the Salvadoran market.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs and shipping records.
Historical Context
Policymakers and businesses can use this metric to monitor changes in trade activity and adjust economic strategies accordingly.
Key Facts
- Illinois exported over $200 million in goods and services to El Salvador in 2021.
- The top export categories from Illinois to El Salvador include machinery, chemicals, and agricultural products.
- Export values from Illinois to El Salvador have grown by 25% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of exports originating from the state of Illinois and destined for the country of El Salvador.
Q: Why is this trend relevant for users or analysts?
A: This data can provide insights into the trade relationship between Illinois and El Salvador, helping businesses and policymakers understand regional economic dynamics and adjust strategies accordingly.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs and shipping records.
Q: How is this trend used in economic policy?
A: Policymakers and businesses can use this metric to monitor changes in trade activity and adjust economic strategies, such as targeting new export markets or supporting local industries.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, with a typical 1-2 month delay between the end of the reporting period and the data release.
Related Trends
Bank's Non-Interest Income to Total Income for El Salvador
DDEI03SVA156NWDB
Liquid Liabilities to GDP for El Salvador
DDDI05SVA156NWDB
Number of Identified Exporters to El Salvador from Texas
TXSLVA475SCEN
Number of Identified Exporters to El Salvador from Idaho
IDSLVA475SCEN
Small Firms with a Bank Loan or Line of Credit to Total Small Firms for El Salvador
DDAI04SVA156NWDB
Number of Listed Companies for El Salvador
DDOM01SVA644NWDB
Citation
U.S. Federal Reserve, Value of Exports to El Salvador from Illinois (ILSLVA052SCEN), retrieved from FRED.