Value of Exports to Djibouti from Florida
FLDJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,047,550.00
Year-over-Year Change
341.85%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Djibouti from Florida' series measures the total value of goods and services exported from the U.S. state of Florida to the country of Djibouti. This data is crucial for understanding Florida's international trade relationships and economic integration.
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 that originate in Florida and are sold to customers in Djibouti. It serves as an indicator of the commercial and trade ties between the two regions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and economists use this series to assess Florida's export performance and competitiveness in global markets.
Key Facts
- Florida is a major exporting state, accounting for over $55 billion in annual merchandise exports.
- Djibouti is a strategically important trading partner for the U.S. due to its location on the Horn of Africa.
- Exports to Djibouti make up a small but growing share of Florida's total international trade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Florida to the country of Djibouti.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Florida's trade relationships and economic integration with international markets, particularly in Africa.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting businesses located in Florida.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this series to assess Florida's export performance and competitiveness in the global economy.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data due to the time required for business surveys and data compilation.
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Number of Identified Exporters to Djibouti from West Virginia
WVDJIA475SCEN
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Value of Exports to Djibouti from Illinois
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Gross International Reserves Held by Central Bank for Djibouti
DJIFAFARUSD
Population ages 65 and above for Djibouti
SPPOP65UPTOZSDJI
Citation
U.S. Federal Reserve, Value of Exports to Djibouti from Florida (FLDJIA052SCEN), retrieved from FRED.