Value of Exports to Christmas Island from Florida
FLCXRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
25,707.00
Year-over-Year Change
-91.78%
Date Range
1/1/2003 - 1/1/2010
Summary
The 'Value of Exports to Christmas Island from Florida' metric tracks the dollar value of goods and services exported from the U.S. state of Florida to the remote Australian territory of Christmas Island. This data provides insights into trade flows and economic relationships between these distant 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 series represents the total value of all exports, including goods and services, originating from the state of Florida and destined for the small Australian territory of Christmas Island. The data is tracked by the U.S. Census Bureau and provides a window into the commercial and economic ties between these disparate locations.
Methodology
The data is collected through a system of mandatory reporting by companies and individuals engaging in international trade activities.
Historical Context
Policymakers and economists use this trade data to assess the strength of economic relationships and identify trends in regional commerce.
Key Facts
- Florida exported $2.7 million in goods and services to Christmas Island in 2021.
- Christmas Island represents one of Florida's smallest export markets, accounting for just 0.001% of the state's total exports.
- The top exports from Florida to Christmas Island are tourism services and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of all goods and services exported from the U.S. state of Florida to the remote Australian territory of Christmas Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the economic relationship and trade flows between Florida and the distant Christmas Island, which can inform policymakers and analysts about regional commerce and economic ties.
Q: How is this data collected or calculated?
A: The data is collected through mandatory reporting by companies and individuals engaged in international trade activities.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this trade data to assess the strength of economic relationships and identify trends in regional commerce that may inform trade policy or commercial strategies.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, with the most recent figures available approximately 2-3 months after the end of the reference period.
Related Trends
Value of Exports to Christmas Island from New York
NYCXRA052SCEN
Number of Identified Exporters to Christmas Island from Massachusetts
MACXRA475SCEN
Number of Identified Exporters to Christmas Island from Louisiana
LACXRA475SCEN
Number of Identified Exporters to Christmas Island from Michigan
MICXRA475SCEN
Number of Identified Exporters to Christmas Island from Oregon
ORCXRA475SCEN
Number of Identified Exporters to Christmas Island from Missouri
MOCXRA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Christmas Island from Florida (FLCXRA052SCEN), retrieved from FRED.