Value of Exports to the Plurinational State of Bolivia from Wisconsin
WIBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7,724,167.00
Year-over-Year Change
466.96%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to the Plurinational State of Bolivia from Wisconsin' series measures the dollar value of goods and services exported from the U.S. state of Wisconsin to Bolivia. This indicator provides insight into the trade relationship between Wisconsin and Bolivia.
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, part of the U.S. Census Bureau's state-level international trade statistics, tracks the total value of exports flowing from Wisconsin to Bolivia. It serves as an important metric for understanding Wisconsin's export activity and economic ties with the Bolivian market.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and businesses use this series to monitor Wisconsin's trade performance and competitiveness in the Bolivian market.
Key Facts
- Wisconsin exported $42 million in goods and services to Bolivia in 2021.
- Bolivia ranks 91st among destinations for Wisconsin's international exports.
- Machinery, agricultural products, and chemicals are major Wisconsin exports to Bolivia.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Wisconsin to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Wisconsin and Bolivia, which is relevant for understanding Wisconsin's export performance and economic ties with the Bolivian market.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this series to monitor Wisconsin's trade performance and competitiveness in the Bolivian market.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 1-2 month lag.
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Citation
U.S. Census Bureau, Value of Exports to the Plurinational State of Bolivia from Wisconsin (WIBOLA052SCEN), retrieved from FRED.