Value of Exports to Tunisia from Illinois
ILTUNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,234,078.00
Year-over-Year Change
171.50%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Tunisia from Illinois' metric tracks the dollar value of goods and services exported from the U.S. state of Illinois to the country of Tunisia. This provides insight into trade flows and economic ties between the two regions.
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 total monetary value of products and services shipped from businesses located in Illinois to customers or recipients in Tunisia. It is used by economists and policymakers to analyze trade patterns, identify growth opportunities, and monitor the economic relationship between the state and country.
Methodology
The data is collected through surveys of Illinois-based exporters and compiled by the U.S. Census Bureau.
Historical Context
Trends in this metric can inform state and national trade policies, as well as investment decisions by firms operating in global markets.
Key Facts
- Illinois is a major exporting state, ranking 5th nationally by export value.
- Tunisia is a growing trade partner for the U.S., with two-way goods trade reaching $1.5 billion in 2021.
- Exports from Illinois to Tunisia have grown by 24% over the past decade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total monetary value of goods and services exported from the U.S. state of Illinois to the country of Tunisia.
Q: Why is this trend relevant for users or analysts?
A: Trends in Illinois exports to Tunisia provide insight into the economic relationship and trade flows between the two regions, which is useful for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Illinois-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in this metric can inform state and national trade policies, as well as investment decisions by firms operating in global markets.
Q: Are there update delays or limitations?
A: The data is reported on a monthly basis, but may have a 1-2 month delay in publication.
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Citation
U.S. Federal Reserve, Value of Exports to Tunisia from Illinois (ILTUNA052SCEN), retrieved from FRED.