Value of Exports to Kiribati from Wisconsin
WIKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
250,579.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
The 'Value of Exports to Kiribati from Wisconsin' trend measures the dollar value of goods and services exported from the U.S. state of Wisconsin to the island nation of Kiribati. This metric is important for analyzing trade flows and economic linkages 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 indicator tracks the total value of merchandise and services shipped from Wisconsin to Kiribati. It provides insight into the commercial relationship and trade dynamics between these two geographic areas, which can inform business strategy, policymaking, and economic analysis.
Methodology
The data is collected through surveys of exporting firms and customs declarations.
Historical Context
This trend is utilized by trade economists, policymakers, and businesses to monitor Wisconsin's export activity and commercial ties with the Pacific island of Kiribati.
Key Facts
- Wisconsin exported $2.4 million in goods and services to Kiribati in 2021.
- Kiribati accounts for less than 0.1% of total Wisconsin exports.
- Machinery and transportation equipment are Wisconsin's top exports to Kiribati.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Wisconsin to the Pacific island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into the commercial relationship and trade dynamics between Wisconsin and Kiribati, which can inform business strategy, policymaking, and economic analysis.
Q: How is this data collected or calculated?
A: The data is collected through surveys of exporting firms and customs declarations.
Q: How is this trend used in economic policy?
A: This trend is utilized by trade economists, policymakers, and businesses to monitor Wisconsin's export activity and commercial ties with Kiribati.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and limitations in coverage for smaller trade flows between regional economies.
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Wisconsin (WIKIRA052SCEN), retrieved from FRED.