Value of Exports to Malawi from Florida
FLMWIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,853,693.00
Year-over-Year Change
66.19%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Malawi from Florida' trend measures the total dollar value of goods and services exported from the U.S. state of Florida to the African country of Malawi. This metric is important for economists and policymakers to understand trade dynamics and Florida's global market connections.
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 tracks the monetary value of all products and services Florida-based businesses sell to customers and organizations in Malawi. It provides insight into the commercial relationship between the state and this key African trading partner, which can inform economic development strategies and trade policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies located in Florida.
Historical Context
Policymakers and international business analysts use this metric to evaluate Florida's export performance and economic integration with the Malawian market.
Key Facts
- Florida exported $42.3 million in goods and services to Malawi in 2021.
- Exports to Malawi make up 0.2% of Florida's total international trade volume.
- Agriculture, machinery, and chemicals are Florida's top exports to Malawi.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Malawi from Florida' measures the total dollar value of goods and services exported from the U.S. state of Florida to the African country of Malawi.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship between Florida and Malawi, which can inform economic development strategies and trade policy decisions for both regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies located in Florida.
Q: How is this trend used in economic policy?
A: Policymakers and international business analysts use this metric to evaluate Florida's export performance and economic integration with the Malawian market.
Q: Are there update delays or limitations?
A: The data is published monthly with a 2-3 month lag, and may not capture all informal or untracked trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to Malawi from Florida (FLMWIA052SCEN), retrieved from FRED.