Value of Exports to Republic of Korea from Hawaii
HIKORA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
49,502,380.00
Year-over-Year Change
35.11%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Republic of Korea from Hawaii' series measures the dollar value of goods and services exported from Hawaii to South Korea. This data provides insights into Hawaii's trade relationship with a key economic partner.
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 indicator tracks the monetary value of products and commodities shipped from Hawaii to the Republic of Korea. It is used by economists and policymakers to assess Hawaii's export activity and commercial ties with one of its major international markets.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Monitoring Hawaii's exports to South Korea can inform decisions around trade, economic development, and international relations.
Key Facts
- Hawaii exported $305 million worth of goods to South Korea in 2021.
- South Korea was Hawaii's 5th largest export market in 2021.
- Exports to South Korea account for 5.2% of Hawaii's total international exports.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monetary value of products and commodities exported from the state of Hawaii to the Republic of Korea.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Hawaii's exports to South Korea provides insights into the state's international trade relationships and commercial activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Tracking Hawaii's exports to South Korea can inform decisions around trade, economic development, and international relations.
Q: Are there update delays or limitations?
A: The data is subject to periodic updates from the U.S. Census Bureau and may have a delay in reporting the most recent figures.
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Citation
U.S. Federal Reserve, Value of Exports to Republic of Korea from Hawaii (HIKORA052SCEN), retrieved from FRED.