Value of Exports to Djibouti from Illinois

ILDJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

12,999,313.00

Year-over-Year Change

497.04%

Date Range

1/1/2004 - 1/1/2017

Summary

This economic trend measures the value of exports from the U.S. state of Illinois to the country of Djibouti. It provides insights into the trade relationship between Illinois and this strategic East African nation.

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 Value of Exports to Djibouti from Illinois series tracks the dollar value of goods and services exported from Illinois to Djibouti over time. This data is useful for analyzing trends in Illinois' export economy and its commercial ties with Djibouti.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Policymakers and trade analysts use this data to assess the state of Illinois' export markets and identify opportunities for growth.

Key Facts

  • Illinois is a major exporting state in the U.S.
  • Djibouti is a strategic trade hub in the Horn of Africa.
  • Export values can fluctuate due to exchange rates and global economic conditions.

FAQs

Q: What does this economic trend measure?

A: This trend measures the dollar value of goods and services exported from the U.S. state of Illinois to the country of Djibouti.

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

A: This data provides insights into the trade relationship between Illinois and Djibouti, which is useful for analyzing export market opportunities and the state's economic performance.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this data to assess Illinois' export markets and identify opportunities for growth in international trade.

Q: Are there update delays or limitations?

A: There may be delays in data reporting, and the values can fluctuate due to exchange rates and global economic conditions.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Djibouti from Illinois (ILDJIA052SCEN), retrieved from FRED.