Value of Exports to French Guiana from Illinois
ILGUFA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82,067.00
Year-over-Year Change
361.18%
Date Range
1/1/2006 - 1/1/2016
Summary
The 'Value of Exports to French Guiana from Illinois' series measures the total value of goods and services exported from the state of Illinois to the South American country of French Guiana. This statistic is important for economists and policymakers to understand Illinois' trade relationships and economic connections with overseas 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 economic indicator tracks the dollar value of all products and services shipped from Illinois-based businesses and producers to customers in French Guiana. It provides insight into the trade dynamics and commercial activities between the state and this particular foreign destination.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Illinois exporters.
Historical Context
Analysts and officials use this series to evaluate Illinois' export performance and competitiveness in global markets.
Key Facts
- Illinois is the 5th largest exporting state in the U.S.
- French Guiana is an overseas region of France located in South America.
- Exports to French Guiana make up less than 0.1% of total Illinois exports.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Illinois to the country of French Guiana.
Q: Why is this trend relevant for users or analysts?
A: This indicator provides insight into Illinois' trade relationships and economic connections with overseas markets, which is important for evaluating the state's export performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Illinois-based exporters.
Q: How is this trend used in economic policy?
A: Analysts and officials use this series to assess Illinois' export dynamics and competitiveness in the global economy, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: There may be lags in reporting the latest data, as the Census Bureau relies on survey responses from exporters.
Related Trends
Value of Exports to French Guiana from Ohio
OHGUFA052SCEN
Number of Identified Exporters to French Guiana from California
CAGUFA475SCEN
Number of Identified Exporters to French Guiana from Georgia
GAGUFA475SCEN
Number of Identified Exporters to French Guiana from New Hampshire
NHGUFA475SCEN
Number of Identified Exporters to French Guiana from Montana
MTGUFA475SCEN
Number of Identified Exporters to French Guiana from Oregon
ORGUFA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to French Guiana from Illinois (ILGUFA052SCEN), retrieved from FRED.