U.S. Imports of Goods by Customs Basis from Finland
IMP4050 • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
682.27
Year-over-Year Change
-12.52%
Date Range
1/1/1985 - 6/1/2025
Summary
This economic trend measures the value of goods imported into the U.S. from Finland on a customs basis. It is a key indicator of trade flows and economic ties between the two countries.
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 U.S. Imports of Goods by Customs Basis from Finland series tracks the total dollar value of merchandise goods imported into the United States from Finland. This data provides insights into the trade relationship and economic interdependence between the two nations.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Historical Context
Policymakers and analysts use this metric to monitor trade dynamics and the health of the U.S.-Finland economic partnership.
Key Facts
- Finland is the 47th largest goods trading partner of the United States.
- U.S. goods imports from Finland totaled $3.6 billion in 2021.
- The top import categories from Finland are machinery, vehicles, and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods imported into the United States from Finland on a customs basis.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic ties between the U.S. and Finland, which is useful for policymakers and market analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor trade dynamics and the health of the U.S.-Finland economic partnership.
Q: Are there update delays or limitations?
A: There may be a 1-2 month delay in the release of this data by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, U.S. Imports of Goods by Customs Basis from Finland (IMP4050), retrieved from FRED.