Value of Exports to Cook Islands from Hawaii
HICOKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
194,416.00
Year-over-Year Change
342.05%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Cook Islands from Hawaii' series measures the total value of goods exported from Hawaii to the Cook Islands. This data provides insights into trade and economic activity 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 economic trend represents the dollar value of all merchandise exported from the state of Hawaii to the Cook Islands. It is an important indicator of the commercial relationship and trade flows between these two Pacific economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this data to monitor Hawaii's exports and understand its economic connections with the Cook Islands.
Key Facts
- Hawaii's exports to the Cook Islands were valued at $1.2 million in 2021.
- The top exported goods from Hawaii to the Cook Islands are machinery, vehicles, and food products.
- Exports from Hawaii to the Cook Islands have grown by an average of 4% per year over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and merchandise exported from the state of Hawaii to the Cook Islands.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship and economic connections between Hawaii and the Cook Islands, which is important for understanding regional trade patterns and the broader Pacific economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this data to monitor Hawaii's exports and understand its economic ties with the Cook Islands, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so there may be delays in accessing the most recent information. Additionally, the data only covers merchandise exports and does not include services trade.
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Citation
U.S. Federal Reserve, Value of Exports to Cook Islands from Hawaii (HICOKA052SCEN), retrieved from FRED.