Value of Exports to Fiji from Wisconsin
WIFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
547,582.00
Year-over-Year Change
910.24%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Wisconsin' trend measures the total dollar value of goods and services exported from the U.S. state of Wisconsin to the country of Fiji. This metric is important for understanding trade flows and economic relationships between regional economies.
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 series tracks the dollar value of all products and services exported from Wisconsin businesses and producers to customers in Fiji. It provides insight into the trade balance and commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policy makers and market analysts use this trend to evaluate Wisconsin's export performance and commercial engagement with the Fijian market.
Key Facts
- Wisconsin exported $5.2 million in goods to Fiji in 2021.
- Exports to Fiji account for 0.1% of total Wisconsin exports.
- Machinery and agricultural products are Wisconsin's top exports to Fiji.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Fiji from Wisconsin' measures the total dollar value of goods and services exported from the U.S. state of Wisconsin to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic ties between the state of Wisconsin and the country of Fiji, which is important for evaluating regional export performance and commercial engagement.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policy makers and market analysts use this trend to evaluate Wisconsin's export performance and commercial engagement with the Fijian market.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag, and may not capture all small-scale or informal trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Wisconsin (WIFJIA052SCEN), retrieved from FRED.