Value of Exports to Belize from Illinois
ILBLZA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,863,238.00
Year-over-Year Change
219.19%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Belize from Illinois' series measures the dollar value of goods and services exported from the state of Illinois to the country of Belize. This metric is important for understanding trade dynamics and economic relationships between U.S. states and foreign markets.
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 data series tracks the monetary value of merchandise and services shipped from Illinois to Belize. It is used by economists, trade analysts, and policymakers to gauge the strength of commercial ties between the two economies and identify trends in bilateral trade flows.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Historical Context
This export value metric informs trade policy discussions and commercial strategies between Illinois and Belize.
Key Facts
- Illinois is a top exporting state in the U.S.
- Belize is a small but growing trading partner for Illinois businesses.
- Export values can fluctuate based on exchange rates and economic conditions.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the dollar value of goods and services exported from the state of Illinois to the country of Belize.
Q: Why is this trend relevant for users or analysts?
A: The export value metric is important for understanding trade dynamics and economic relationships between U.S. states and foreign markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other exporters.
Q: How is this trend used in economic policy?
A: This export value metric informs trade policy discussions and commercial strategies between Illinois and Belize.
Q: Are there update delays or limitations?
A: Export data can experience delays and may not fully capture all trade activity.
Related Trends
Value of Exports to Belize from South Carolina
SCBLZA052SCEN
Gross National Income for Belize
MKTGNIBZA646NWDB
Value of Exports to Belize from Louisiana
LABLZA052SCEN
Value of Exports to Belize from Virginia
VABLZA052SCEN
Number of Bank Branches for Belize
DDAI02BZA643NWDB
Value of Exports to Belize from New Hampshire
NHBLZA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Belize from Illinois (ILBLZA052SCEN), retrieved from FRED.