Value of Exports to Bangladesh from Wisconsin
WIBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,281,003.00
Year-over-Year Change
-42.34%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Bangladesh from Wisconsin' metric tracks the total value of goods and services exported from the U.S. state of Wisconsin to the country of Bangladesh. This data provides insights into Wisconsin's trade relationship and economic connections with the Bangladeshi market.
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 trend represents the value of all merchandise and services exported from Wisconsin to Bangladesh, including agricultural products, machinery, and other manufactured goods. It is an important indicator of Wisconsin's export activity and integration with the Bangladeshi economy.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and surveys.
Historical Context
Policy analysts and trade organizations use this data to monitor and assess Wisconsin's trade dynamics with Bangladesh.
Key Facts
- Wisconsin exported over $50 million in goods to Bangladesh in 2021.
- Exports to Bangladesh account for approximately 1% of Wisconsin's total international trade.
- The top Wisconsin exports to Bangladesh include agricultural machinery, industrial equipment, and dairy products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Wisconsin to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Wisconsin's trade relationship and economic connections with the Bangladeshi market, which is relevant for policymakers, businesses, and economic 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 and surveys.
Q: How is this trend used in economic policy?
A: Policy analysts and trade organizations use this data to monitor and assess Wisconsin's trade dynamics with Bangladesh, which can inform economic and trade policies.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the end of the reporting period, and may be subject to revisions.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Wisconsin (WIBGDA052SCEN), retrieved from FRED.