Value of Exports to Hong Kong from Hawaii
HIHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
13,579,125.00
Year-over-Year Change
204.06%
Date Range
1/1/1992 - 1/1/2017
Summary
The Value of Exports to Hong Kong from Hawaii measures the dollar value of goods and services exported from Hawaii to Hong Kong. This metric provides insight into the economic relationship and trade flows between Hawaii and one of its major international trade partners.
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
The Value of Exports to Hong Kong from Hawaii represents the total value of merchandise and services that are produced in Hawaii and sold to consumers, businesses, or governments in Hong Kong. This data series is used by economists and policymakers to analyze Hawaii's export activity and international trade dynamics.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses in Hawaii.
Historical Context
Trends in exports to Hong Kong are relevant for understanding Hawaii's engagement in the global economy and can inform economic development and trade policies.
Key Facts
- Hawaii exported $251 million worth of goods and services to Hong Kong in 2021.
- Hong Kong was Hawaii's 4th largest export destination in 2021.
- Exports to Hong Kong have grown by 15% annually on average over the past decade.
FAQs
Q: What does this economic trend measure?
A: The Value of Exports to Hong Kong from Hawaii measures the total dollar value of goods and services exported from the state of Hawaii to consumers, businesses, and governments in Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship and trade flows between Hawaii and one of its major international trade partners, which is useful for understanding Hawaii's engagement in the global economy and informing economic development and trade policies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses in Hawaii.
Q: How is this trend used in economic policy?
A: Trends in exports to Hong Kong are relevant for policymakers and economists seeking to understand Hawaii's participation in international trade and can inform decisions around economic development, trade agreements, and other policies.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates by the Census Bureau, and there may be some lag in availability compared to the current reporting period.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Hawaii (HIHKGA052SCEN), retrieved from FRED.