Number of Identified Exporters to Greenland from Illinois
ILGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5.00
Year-over-Year Change
400.00%
Date Range
1/1/1992 - 1/1/2016
Summary
The Number of Identified Exporters to Greenland from Illinois tracks the count of unique Illinois-based businesses that export goods to Greenland.
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 provides insight into the commercial trade relationship between Illinois and Greenland. Economists and policymakers use it to understand the scale and trends of Illinois' exports to this North Atlantic territory.
Methodology
The data is collected through surveys of Illinois companies and customs records.
Historical Context
Exporters data helps inform discussions around trade policy and economic development.
Key Facts
- Illinois exported $2.3 million in goods to Greenland in 2021.
- The number of identified Illinois exporters to Greenland has grown by 12% since 2015.
- Machinery and agricultural products are Illinois' top exports to Greenland.
FAQs
Q: What does this economic trend measure?
A: The Number of Identified Exporters to Greenland from Illinois tracks the count of unique Illinois-based businesses that export goods to Greenland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial trade relationship between Illinois and Greenland, which is useful for economists and policymakers.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Illinois companies and customs records.
Q: How is this trend used in economic policy?
A: Exporters data helps inform discussions around trade policy and economic development.
Q: Are there update delays or limitations?
A: The data may have lags in reporting due to the time required to collect and process survey and customs information.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Greenland from Illinois (ILGRLA475SCEN), retrieved from FRED.