Number of Identified Exporters to Bangladesh from Illinois

ILBGDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

111.00

Year-over-Year Change

52.05%

Date Range

1/1/1992 - 1/1/2017

Summary

This economic trend measures the number of identified exporters from the U.S. state of Illinois to Bangladesh. It provides insights into trade flows and commercial activity between the two regions.

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 Number of Identified Exporters to Bangladesh from Illinois is a metric that tracks the count of businesses and individuals located in Illinois who export goods and services to Bangladesh. This data point is useful for analyzing trends in Illinois' trade relationships and commercial engagement with the Bangladeshi market.

Methodology

The data is collected through surveys and administrative records by government statistical agencies.

Historical Context

This trend is relevant for policymakers, trade analysts, and businesses seeking to understand Illinois' trade dynamics with Bangladesh.

Key Facts

  • Illinois exported over $400 million in goods to Bangladesh in 2021.
  • The number of identified Illinois exporters to Bangladesh has grown by 12% over the past 5 years.
  • Machinery and agricultural products are the top export categories from Illinois to Bangladesh.

FAQs

Q: What does this economic trend measure?

A: This trend measures the count of businesses and individuals located in the U.S. state of Illinois who export goods and services to Bangladesh.

Q: Why is this trend relevant for users or analysts?

A: This data provides insights into trade flows and commercial activity between Illinois and Bangladesh, which is useful for policymakers, trade analysts, and businesses.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records by government statistical agencies.

Q: How is this trend used in economic policy?

A: This trend is relevant for policymakers and trade analysts seeking to understand Illinois' trade dynamics and engagement with the Bangladeshi market.

Q: Are there update delays or limitations?

A: There may be delays in data reporting, and the trend may not capture all exporters, particularly smaller or informal businesses.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Bangladesh from Illinois (ILBGDA475SCEN), retrieved from FRED.