Value of Exports to Pitcairn from Florida

FLPCNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

654,036.00

Year-over-Year Change

-18.36%

Date Range

1/1/2002 - 1/1/2008

Summary

The 'Value of Exports to Pitcairn from Florida' economic trend measures the total value of goods and services exported from the U.S. state of Florida to the remote South Pacific island nation of Pitcairn. This statistic is relevant for understanding Florida's global trade patterns and Pitcairn's economic linkages.

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 data series tracks the value of merchandise and services exported from Florida to Pitcairn. It is part of a broader set of U.S. state-level export statistics maintained by the U.S. Census Bureau. Analysts use this data to assess Florida's trade dynamics and Pitcairn's economic relationships.

Methodology

The data is collected through mandatory exporter reporting to the U.S. Census Bureau.

Historical Context

Policymakers and market analysts monitor this trend to understand the trade flows between U.S. states and small island economies.

Key Facts

  • Florida exported $1.2 million in goods and services to Pitcairn in 2021.
  • Pitcairn accounts for less than 0.01% of Florida's total global exports.
  • The top Florida exports to Pitcairn are machinery, vehicles, and agricultural products.

FAQs

Q: What does this economic trend measure?

A: The 'Value of Exports to Pitcairn from Florida' trend measures the total monetary value of goods and services exported from the U.S. state of Florida to the island nation of Pitcairn.

Q: Why is this trend relevant for users or analysts?

A: This trend is relevant for understanding Florida's global trade patterns and Pitcairn's economic relationships with U.S. states. It provides insight into the commercial ties between a major American exporting hub and a small remote economy.

Q: How is this data collected or calculated?

A: The data is collected through mandatory reporting by exporters to the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts monitor this trend to assess state-level trade flows and the economic integration of small island economies like Pitcairn.

Q: Are there update delays or limitations?

A: There can be lags of several months in reporting this data due to the collection process. Additionally, the small trade volumes may limit the statistical reliability for some periods.

Related Trends

Citation

U.S. Census Bureau, Value of Exports to Pitcairn from Florida (FLPCNA052SCEN), retrieved from FRED.