Value of Exports to Finland from Wisconsin
WIFINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,103,820.00
Year-over-Year Change
9.79%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Finland from Wisconsin' trend measures the dollar value of goods and services exported from the U.S. state of Wisconsin to Finland. This data point is important for economists and policymakers to understand regional trade dynamics and the impact of economic policies on international commerce.
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 series represents the total value of all products and services shipped from Wisconsin to Finland, including agricultural goods, industrial machinery, and various other commodities. Analyzing trends in this data can provide insights into the strength of Wisconsin's export economy and the state's trade relationship with Finland.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on export shipment records.
Historical Context
Policymakers use this trend to assess the effectiveness of trade agreements and tariff policies on Wisconsin's export performance.
Key Facts
- Wisconsin exported $302 million worth of goods to Finland in 2021.
- Finland is Wisconsin's 47th largest export destination globally.
- Machinery is Wisconsin's top export category to Finland, accounting for 25% of total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Wisconsin to Finland.
Q: Why is this trend relevant for users or analysts?
A: Analyzing this data provides insights into Wisconsin's export economy and trade relationship with Finland, which is important for policymakers and economists.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on export shipment records.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to assess the effectiveness of trade agreements and tariff policies on Wisconsin's export performance.
Q: Are there update delays or limitations?
A: The data is published monthly with a typical 2-month delay.
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Citation
U.S. Federal Reserve, Value of Exports to Finland from Wisconsin (WIFINA052SCEN), retrieved from FRED.