Value of Exports to United Arab Emirates from Hawaii
HIAREA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
927,064.00
Year-over-Year Change
561.37%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to United Arab Emirates from Hawaii' measures the total value of goods and services exported from Hawaii to the United Arab Emirates. This data is important for understanding Hawaii's trade relationships and economic ties with the Middle East.
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 shipped from Hawaii to the United Arab Emirates, a major trading partner in the Persian Gulf region. The data is used by economists, policymakers, and businesses to analyze Hawaii's export patterns and competitiveness in international markets.
Methodology
The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Historical Context
The trend is relevant for assessing Hawaii's export performance and the state's economic relationship with the UAE, a key destination for Hawaii's products and services.
Key Facts
- Hawaii exported $93.5 million worth of goods to the UAE in 2021.
- Exports to the UAE account for 1.2% of Hawaii's total international exports.
- Top exports from Hawaii to the UAE include aircraft parts, agricultural products, and healthcare equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total monetary value of all products and services exported from the state of Hawaii to the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Hawaii's trade relationships and economic ties with the Middle East, as the UAE is a key export destination for the state.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze Hawaii's export performance and competitiveness in international markets, as well as to assess the state's economic relationship with the UAE.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to differences in reporting thresholds and data collection methods.
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Citation
U.S. Federal Reserve, Value of Exports to United Arab Emirates from Hawaii (HIAREA052SCEN), retrieved from FRED.