Value of Exports to Chile from Hawaii
HICHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
73,660.00
Year-over-Year Change
-92.50%
Date Range
1/1/2007 - 1/1/2016
Summary
The 'Value of Exports to Chile from Hawaii' measures the total value of goods and services exported from Hawaii to Chile. This metric is important for understanding Hawaii's trade relationship with Chile and the state's economic ties to global markets.
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 dollar value of all products and services exported from Hawaii to Chile, including agricultural goods, manufactured items, and services. It provides insight into the strength of Hawaii's export economy and its commercial relationship with one of the leading markets in South America.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Hawaii.
Historical Context
Policymakers and analysts use this series to assess Hawaii's trade flows and the competitiveness of its exports in global markets.
Key Facts
- Hawaii exported $XX.XX million in goods and services to Chile in the most recent year.
- Chile was Hawaii's Xth largest export market, accounting for X.X% of the state's total exports.
- The value of Hawaii's exports to Chile has [increased/decreased] by X% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Chile from Hawaii' series tracks the total dollar value of all goods and services exported from Hawaii to the Chilean market.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the strength of Hawaii's export economy and the state's trade relationship with one of the leading markets in South America. It is useful for policymakers and analysts assessing Hawaii's global competitiveness and trade flows.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses located in Hawaii.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to evaluate Hawaii's export performance and the state's economic ties to global markets. It informs decisions around trade agreements, export promotion programs, and other policies affecting Hawaii's international commerce.
Q: Are there update delays or limitations?
A: There is typically a X-month delay in publishing this data, as the Census Bureau compiles and verifies the information collected from businesses. The series may not capture all exports, as it relies on voluntary reporting from companies in Hawaii.
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Citation
U.S. Federal Reserve, Value of Exports to Chile from Hawaii (HICHLA052SCEN), retrieved from FRED.