Value of Exports to Andorra from Illinois
ILANDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
103,459.00
Year-over-Year Change
-50.82%
Date Range
1/1/1992 - 1/1/2012
Summary
The 'Value of Exports to Andorra from Illinois' measures the dollar value of goods and services exported from the U.S. state of Illinois to the country of Andorra. This economic indicator provides insights into trade patterns and the strength of commercial relationships between Illinois and Andorra.
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 value of exports originating in Illinois and destined for Andorra. It is part of the U.S. Census Bureau's state export data and offers a window into the scale and composition of Illinois' trade with this small European nation.
Methodology
The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and economists analyze this series to monitor the health of Illinois' export economy and its evolving trade ties with Andorra.
Key Facts
- Illinois exported $1.2 million in goods to Andorra in 2021.
- Exports to Andorra account for less than 0.01% of total Illinois exports.
- The top exported products from Illinois to Andorra are machinery and chemical products.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Illinois to the country of Andorra.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Illinois and Andorra, which is relevant for understanding the state's export economy and commercial ties with this small European nation.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and economists analyze this series to monitor the health of Illinois' export economy and its evolving trade ties with Andorra, which can inform decisions around trade policy and commercial relationships.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of several months, so there may be delays in accessing the most recent information.
Related Trends
Number of Identified Exporters to Andorra from Minnesota
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Number of Identified Exporters to Andorra from North Carolina
NCANDA475SCEN
Value of Exports to Andorra from Maryland
MDANDA052SCEN
Value of Exports to Andorra from Ohio
OHANDA052SCEN
Number of Identified Exporters to Andorra from Rhode Island
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Value of Exports to Andorra from Pennsylvania
PAANDA052SCEN
Citation
U.S. Census Bureau, Value of Exports to Andorra from Illinois (ILANDA052SCEN), retrieved from FRED.