Number of Identified Exporters to Japan from Wisconsin
WIJPNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
821.00
Year-over-Year Change
2.75%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Japan from Wisconsin' trend measures the count of Wisconsin-based companies that export goods to Japan. This metric is important for understanding Wisconsin's international trade dynamics and competitiveness.
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 indicator tracks the number of unique Wisconsin firms that have successfully exported products to the Japanese market over time. It provides insights into the diversity and reach of the state's export sector and can inform policy decisions related to international trade and business support.
Methodology
The data is collected by the U.S. Census Bureau through its Exporter Database.
Historical Context
Policymakers and economic development organizations use this trend to assess Wisconsin's export performance and competitiveness in key foreign markets.
Key Facts
- Wisconsin exported over $3 billion worth of goods to Japan in 2021.
- The number of identified Wisconsin exporters to Japan has grown by 12% since 2015.
- Japan is Wisconsin's 4th largest export market, behind Canada, Mexico, and China.
FAQs
Q: What does this economic trend measure?
A: The 'Number of Identified Exporters to Japan from Wisconsin' tracks the count of unique Wisconsin-based companies that have successfully exported goods to the Japanese market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the diversification and competitiveness of Wisconsin's export sector, which is crucial for understanding the state's international trade dynamics and economic performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through its Exporter Database, which tracks export transactions by individual companies.
Q: How is this trend used in economic policy?
A: Policymakers and economic development organizations use this trend to assess Wisconsin's export performance and competitiveness in key foreign markets, informing decisions related to international trade and business support.
Q: Are there update delays or limitations?
A: The Exporter Database data can have a lag of several months, and the trend may not capture all exporting activity due to limitations in company reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Japan from Wisconsin (WIJPNA475SCEN), retrieved from FRED.