Value of Exports to Madagascar from Illinois
ILMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,874,927.00
Year-over-Year Change
153.17%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Madagascar from Illinois' measures the total dollar value of goods exported from the state of Illinois to the island nation of Madagascar. This metric is important for economists and policymakers to track trade flows and identify economic trends.
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 monetary value of all physical products and commodities exported from Illinois to Madagascar. It is a key indicator of the trade relationship and economic ties between the two regions, shedding light on the flow of goods and services.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Illinois' export economy and inform decisions around international commerce.
Key Facts
- Illinois is a major exporter to Madagascar.
- Exports to Madagascar make up a small but growing share of Illinois' total exports.
- The value of Illinois' exports to Madagascar has fluctuated over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total dollar value of physical goods and commodities exported from the state of Illinois to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This trend is relevant for economists, trade analysts, and policymakers to monitor the economic relationship and trade flows between Illinois and Madagascar.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to understand the health of Illinois' export economy and inform decisions around international commerce.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all export activity.
Related Trends
Use of Financial Services: Key Indicators, Loan Accounts with Commercial Banks Per 1,000 Adults for Madagascar
MDGFCNODCANUM
Net migration for Madagascar
SMPOPNETMMDG
Number of Identified Exporters to Madagascar from Alabama
ALMDGA475SCEN
Official External Debt: Debtor Based for Madagascar
MDGDGGDPPT
Small Firms with a Bank Loan or Line of Credit to Total Small Firms for Madagascar
DDAI04MGA156NWDB
Use of Financial Services: Number of Depositors which are Households Non-deposit Taking Microfinance Institutions (MFIs) for Madagascar
MDGFCDOFMFNHPENUM
Citation
U.S. Federal Reserve, Value of Exports to Madagascar from Illinois (ILMDGA052SCEN), retrieved from FRED.