Value of Exports to Burundi from Illinois
ILBDIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
149,256.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2010
Summary
The 'Value of Exports to Burundi from Illinois' series measures the dollar value of goods and services exported from the U.S. state of Illinois to the East African country of Burundi. This metric is important for understanding trade patterns and economic relationships between regional economies.
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 represents the total monetary value of all products and services shipped from Illinois to Burundi over a given time period. It is used by policymakers, trade analysts, and businesses to evaluate the strength of commercial ties and identify opportunities for expanding exports.
Methodology
The data is collected by the U.S. Census Bureau through customs declarations and other international trade reporting.
Historical Context
Trends in Illinois' exports to Burundi can signal shifts in bilateral trade policy, commodity demand, or the competitiveness of Illinois-based exporters.
Key Facts
- Illinois is the largest exporting state in the Midwest U.S. region.
- Burundi is a small, landlocked country in central Africa.
- Exports account for over 12% of Illinois' total gross state product.
FAQs
Q: What does this economic trend measure?
A: This series tracks the monetary value of goods and services exported from the U.S. state of Illinois to the country of Burundi over time.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Illinois' exports to Burundi provides insights into the trade relationship between the two economies and can signal shifts in economic policy or commercial activity.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through customs declarations and other international trade reporting mechanisms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate the strength of commercial ties between Illinois and Burundi and identify opportunities for expanding exports.
Q: Are there update delays or limitations?
A: This data may be subject to periodic revisions and can have a delay of several months before being publicly reported.
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Number of Identified Exporters to Burundi from Kansas
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Geographical Outreach: Number of Institutions, Other Depository Corporations, Other Deposit Takers for Burundi
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Value of Exports to Burundi from Massachusetts
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Citation
U.S. Federal Reserve, Value of Exports to Burundi from Illinois (ILBDIA052SCEN), retrieved from FRED.