Value of Exports to Philippines from Illinois
ILPHLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
263,370,862.00
Year-over-Year Change
44.45%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Philippines from Illinois' trend measures the total value of merchandise exports from the state of Illinois to the Philippines. This data provides insights into the trade relationship between Illinois and a key trading partner.
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 tracks the dollar value of physical goods and commodities exported from Illinois to the Philippines. It is an important indicator of the commercial ties and economic activity between the two regions. Policymakers and analysts use this data to monitor trade flows and assess the health of the Illinois-Philippines trade relationship.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Historical Context
Trends in Illinois' exports to the Philippines can inform economic and trade policy decisions affecting businesses, consumers, and the broader state and national economy.
Key Facts
- Illinois is a major exporting state in the United States.
- The Philippines is a significant trading partner for Illinois businesses.
- Export data is used to monitor the state's economic performance.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of merchandise exports from the state of Illinois to the Philippines.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Illinois and a key international market, which is important for understanding the state's economic activity and performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Trends in Illinois' exports to the Philippines can inform economic and trade policy decisions affecting businesses, consumers, and the broader state and national economy.
Q: Are there update delays or limitations?
A: The data may have a lag time of several months between the reference period and publication.
Related Trends
Value of Exports to Philippines from Virginia
VAPHLA052SCEN
Value of Exports to Philippines from Puerto Rico
PRPHLA052SCEN
Number of Identified Exporters to Philippines from Massachusetts
MAPHLA475SCEN
Geographical Outreach: Number of Institutions, Other Financial Corporations, Other Financial Intermediaries for Philippines
PHLFCIOFMNUM
Remittance Inflows to GDP for Philippines
DDOI11PHA156NWDB
Outstanding Total International Debt Securities to GDP for Philippines
DDDM07PHA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Philippines from Illinois (ILPHLA052SCEN), retrieved from FRED.