Value of Exports to Germany from Hawaii
HIDEUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,942,229.00
Year-over-Year Change
-66.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Germany from Hawaii' trend measures the total value of goods and services exported from the state of Hawaii to Germany. This metric is important for economists and policymakers to understand Hawaii's trade relationships and economic integration with 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 total dollar value of all products and services exported from Hawaii to Germany. It provides insight into the strength of trade ties between the two economies and Hawaii's role in the broader U.S. export landscape.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and analysts use this trend to assess Hawaii's export competitiveness and the state's economic relationships with key trading partners.
Key Facts
- Hawaii exported $228 million in goods and services to Germany in 2021.
- Exports to Germany account for 4.2% of Hawaii's total international exports.
- Top exported products from Hawaii to Germany include aircraft parts, agricultural goods, and machinery.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Germany from Hawaii' trend measures the total dollar value of all goods and services exported from the state of Hawaii to Germany.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into Hawaii's trade relationships and economic integration with global markets, which is important for understanding the state's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected and calculated 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 trend to assess Hawaii's export competitiveness and the state's economic relationships with key trading partners, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is typically released on a monthly basis, but there may be some delays in reporting due to the nature of collecting international trade statistics.
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Citation
U.S. Federal Reserve, Value of Exports to Germany from Hawaii (HIDEUA052SCEN), retrieved from FRED.