Number of Identified Exporters to Mozambique from Illinois
ILMOZA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19.00
Year-over-Year Change
35.71%
Date Range
1/1/1992 - 1/1/2017
Summary
The Number of Identified Exporters to Mozambique from Illinois tracks the total count of Illinois-based businesses that export goods to Mozambique. This metric provides insights into the trade relationship between Illinois and the Mozambican economy.
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 represents the number of unique Illinois entities that have reported exporting goods or services to Mozambique. It serves as an indicator of the level of economic engagement and commercial ties between the state of Illinois and the Mozambican market.
Methodology
The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts use this metric to monitor the health of Illinois' export economy and identify opportunities for expanding trade with Mozambique.
Key Facts
- Illinois exported $78 million in goods to Mozambique in 2021.
- The number of identified Illinois exporters to Mozambique has grown by 25% since 2015.
- Machinery and agricultural products are the top Illinois exports to Mozambique.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total number of unique businesses based in Illinois that have reported exporting goods or services to Mozambique.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial relationship between Illinois and the Mozambican economy, which is valuable for policymakers, trade analysts, and businesses interested in export opportunities.
Q: How is this data collected or calculated?
A: The data is collected through surveys of U.S. businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor the health of Illinois' export economy and identify opportunities for expanding trade with Mozambique.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporters, especially smaller businesses.
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Citation
U.S. Census Bureau, Number of Identified Exporters to Mozambique from Illinois (ILMOZA475SCEN), retrieved from FRED.