Imports of Goods for Hawaii
IMPTOTHI • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
249.49
Year-over-Year Change
-3.10%
Date Range
1/1/2008 - 6/1/2025
Summary
The 'Imports of Goods for Hawaii' series measures the total value of imported goods shipped to Hawaii. This metric is a key indicator of the state's economic activity and trade 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 data series tracks the dollar value of all merchandise imports delivered to Hawaii, including consumer goods, industrial supplies, capital equipment, and other product categories. Economists and policymakers analyze this trend to gauge Hawaii's commercial engagement with global markets and its reliance on external sources for essential goods.
Methodology
The data is collected by the U.S. Census Bureau through surveys of importers and customs records.
Historical Context
Imports of goods are an important variable in economic models used to forecast Hawaii's GDP, balance of trade, and other macroeconomic indicators.
Key Facts
- Hawaii is the most geographically isolated state in the U.S.
- Over 80% of Hawaii's consumer goods are imported from the mainland or international markets.
- Imports account for a significant portion of Hawaii's total economic activity.
FAQs
Q: What does this economic trend measure?
A: The 'Imports of Goods for Hawaii' series tracks the total dollar value of all merchandise imported and delivered to the state of Hawaii.
Q: Why is this trend relevant for users or analysts?
A: This metric is a key indicator of Hawaii's economic activity, trade dynamics, and reliance on external sources for essential goods.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of importers and customs records.
Q: How is this trend used in economic policy?
A: Imports of goods are an important variable in economic models used to forecast Hawaii's GDP, balance of trade, and other macroeconomic indicators.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
Related Trends
Civilian Labor Force for Hawaii
CIVLFHI
Personal Consumption Expenditures: Services: Health Care for Hawaii
HIPCEHLTHCARE
Chain-Type Quantity Index for Real GDP: Legal Services (5411) in Hawaii
HILEGALQGSP
Chain-Type Quantity Index for Real GDP: Oil and Gas Extraction (211) in Hawaii
HIOILGASQGSP
Chain-Type Quantity Index for Real GDP: Miscellaneous Manufacturing (339) in Hawaii
HIMISCMANQGSP
Average Hourly Earnings of All Employees: Leisure and Hospitality in Hawaii
SMU15000007000000003
Citation
U.S. Federal Reserve, Imports of Goods for Hawaii (IMPTOTHI), retrieved from FRED.