Value of Exports to Bulgaria from Illinois
ILBGRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,286,207.00
Year-over-Year Change
171.21%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bulgaria from Illinois' series measures the total value of goods and services exported from the U.S. state of Illinois to Bulgaria. This metric is important for understanding regional trade patterns and economic relationships.
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 represents the dollar value of all products and services shipped from Illinois to Bulgaria over a given time period. It provides insight into the commercial ties between the two economies and can inform policy decisions around trade, investment, and international commerce.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and market analysts use this metric to gauge Illinois' export activity and broader economic integration with Bulgaria.
Key Facts
- Illinois is one of the top exporting states in the U.S.
- Bulgaria is an emerging market in Southeastern Europe.
- Export values can fluctuate due to exchange rates and trade policies.
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 Bulgaria over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic integration between Illinois and Bulgaria, which is useful for policymakers, businesses, and market analysts.
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: Policymakers and analysts use this metric to gauge Illinois' export activity and inform decisions around trade, investment, and international commerce.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the metric can be influenced by factors like exchange rates and trade policies.
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Use of Financial Services, Liabilities: Outstanding Deposits by Households at Other Financial Intermediaries for Bulgaria
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Citation
U.S. Federal Reserve, Value of Exports to Bulgaria from Illinois (ILBGRA052SCEN), retrieved from FRED.