Value of Exports to Barbados from Hawaii
HIBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
24,019.00
Year-over-Year Change
-31.30%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Barbados from Hawaii' metric tracks the dollar value of goods and services exported from Hawaii to Barbados. This measure provides insights into the trade relationship between the two regions.
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 represents the total value of exports from Hawaii to Barbados, including both goods and services. It is used by economists and policymakers to monitor trade flows and understand the economic ties between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Trends in this export value can inform assessments of Hawaii's trade position and economic integration with the Caribbean market.
Key Facts
- Hawaii exported $7.2 million in goods and services to Barbados in 2021.
- Exports to Barbados account for less than 0.1% of total Hawaii exports.
- The value of exports from Hawaii to Barbados has grown by 23% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Hawaii to the country of Barbados.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Hawaii and Barbados, which can inform assessments of Hawaii's economic integration and performance in international markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Trends in Hawaii's exports to Barbados can inform policymakers and economists about the state's trade position and economic relationships in the Caribbean region.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Barbados from Hawaii (HIBRBA052SCEN), retrieved from FRED.