Number of Identified Exporters to Hong Kong from Florida
FLHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,693.00
Year-over-Year Change
45.82%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic indicator tracks the number of businesses located in Florida that export goods to Hong Kong. It provides insight into the trade relationship between Florida and a major global market.
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
The Number of Identified Exporters to Hong Kong from Florida measures the count of unique companies based in Florida that sell their products to customers in Hong Kong. This data is used by economists and policymakers to assess the state's export activity and commercial ties with the Asian financial hub.
Methodology
The data is collected through surveys of Florida businesses and customs declarations.
Historical Context
This trend offers valuable context for understanding Florida's participation in international trade and the state's economic integration with the global marketplace.
Key Facts
- Florida exported over $6 billion in goods to Hong Kong in 2021.
- The number of Florida exporters to Hong Kong has grown by 25% since 2015.
- Hong Kong is Florida's 4th largest export market by value.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the number of businesses located in Florida that export goods to Hong Kong, providing insight into the state's trade relationship with this major global market.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Florida's participation in international trade and the state's economic integration with the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Florida businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this data to assess the state's export activity and commercial ties with the Asian financial hub of Hong Kong.
Q: Are there update delays or limitations?
A: The data is published with a several month lag, and may not capture all exporters, particularly smaller businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Florida (FLHKGA475SCEN), retrieved from FRED.