Value of Exports to Kiribati from Hawaii
HIKIRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
298,568.00
Year-over-Year Change
0.00%
Date Range
1/1/1992 - 1/1/1992
Summary
The 'Value of Exports to Kiribati from Hawaii' trend measures the total value of goods and services exported from Hawaii to the Pacific island nation of Kiribati. This metric is important for economists and policymakers to understand Hawaii's trade relationships and economic ties with other countries in the region.
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 series tracks the dollar value of all products and services that are exported from businesses and producers located in Hawaii to consumers and organizations in Kiribati. It provides insight into the commercial activity and trade balance between these two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Historical Context
Policymakers and trade analysts use this metric to assess Hawaii's economic integration and commercial influence in the Pacific.
Key Facts
- Hawaii exported $2.4 million in goods to Kiribati in 2021.
- Kiribati is a small island nation in the central Pacific Ocean.
- The top export categories from Hawaii to Kiribati include machinery, vehicles, and foodstuffs.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from businesses located in Hawaii to the Pacific island nation of Kiribati.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Hawaii's trade relationships and economic ties with other countries in the Pacific region, which is relevant for policymakers, economists, and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Hawaii's economic integration and commercial influence in the Pacific.
Q: Are there update delays or limitations?
A: The data may be subject to periodic updates and revisions by the Census Bureau, and there may be limitations in capturing all export activity.
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Citation
U.S. Federal Reserve, Value of Exports to Kiribati from Hawaii (HIKIRA052SCEN), retrieved from FRED.