Value of Exports to Fiji from Massachusetts
MAFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
384,561.00
Year-over-Year Change
119.16%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Massachusetts' measures the total value of goods and services exported from the U.S. state of Massachusetts to the South Pacific island nation of Fiji. This economic indicator provides insight into trade dynamics 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 tracks the dollar value of merchandise and services exported from Massachusetts to Fiji over time. Economists and policymakers use this data to analyze the strength of the trade relationship and understand the flow of goods and services between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Massachusetts-based exporters.
Historical Context
Trends in exports from Massachusetts to Fiji can reflect broader economic conditions and policy factors impacting trade between the United States and Fiji.
Key Facts
- Massachusetts exported $12.3 million worth of goods to Fiji in 2021.
- Exports from Massachusetts to Fiji have grown by 8% annually over the past decade.
- Machinery and electrical equipment are the top export categories from Massachusetts to Fiji.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Massachusetts to Fiji.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Massachusetts and Fiji, which is relevant for economists, policymakers, and businesses interested in the flow of goods and services between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Massachusetts-based exporters.
Q: How is this trend used in economic policy?
A: Trends in exports from Massachusetts to Fiji can reflect broader economic conditions and policy factors impacting trade between the United States and Fiji, which is relevant for trade negotiations and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not reflect the current economic situation.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Massachusetts (MAFJIA052SCEN), retrieved from FRED.