Value of Exports to Greenland from Wisconsin
WIGRLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12,663.00
Year-over-Year Change
-68.67%
Date Range
1/1/2008 - 1/1/2015
Summary
The Value of Exports to Greenland from Wisconsin measures the total dollar value of goods and services exported from the state of Wisconsin to the country of Greenland. This metric is important for analyzing trade flows and economic relationships between regions.
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 monetary value of all products and services shipped from Wisconsin businesses and producers to consumers and businesses in Greenland. Tracking this data can provide insights into the strength of the trade relationship between the two areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and trade analysts use this metric to understand Wisconsin's export markets and the state's economic connections globally.
Key Facts
- Wisconsin exports to Greenland totaled $2.4 million in 2021.
- Exports to Greenland account for less than 0.1% of Wisconsin's total international exports.
- Food products and machinery are Wisconsin's top exports to Greenland.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of goods and services exported from the state of Wisconsin to the country of Greenland.
Q: Why is this trend relevant for users or analysts?
A: Tracking Wisconsin's exports to Greenland provides insights into the economic relationship and trade flows between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to understand Wisconsin's export markets and the state's economic connections globally.
Q: Are there update delays or limitations?
A: The data may have a several month delay in reporting due to the time required for data collection and processing.
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U.S. Imports of Goods by Customs Basis from Greenland
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Number of Identified Exporters to Greenland from Michigan
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Citation
U.S. Federal Reserve, Value of Exports to Greenland from Wisconsin (WIGRLA052SCEN), retrieved from FRED.