Number of Identified Exporters to United Arab Emirates from Wisconsin
WIAREA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
425.00
Year-over-Year Change
56.83%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to United Arab Emirates from Wisconsin' trend measures the count of exporters located in Wisconsin that send goods to the United Arab Emirates. This statistic is valuable for policymakers and trade analysts to understand Wisconsin's exporting activity and economic ties with the UAE.
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 number of unique business entities located in Wisconsin that are identified as exporting products or services to the United Arab Emirates. It provides insight into the breadth and diversity of Wisconsin's export relationships within a key global market.
Methodology
The data is collected by the U.S. Census Bureau through mandatory business reporting on export transactions.
Historical Context
This metric is used by economists and trade policy experts to assess Wisconsin's export competitiveness and integration with international markets.
Key Facts
- Wisconsin exports to the UAE totaled $156 million in 2021.
- The number of identified Wisconsin exporters to the UAE has increased by 25% since 2015.
- Machinery, agricultural products, and plastics are Wisconsin's top exports to the UAE.
FAQs
Q: What does this economic trend measure?
A: This trend measures the count of unique business entities located in Wisconsin that are identified as exporting products or services to the United Arab Emirates.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the breadth and diversity of Wisconsin's export relationships within a key global market, which is valuable for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory business reporting on export transactions.
Q: How is this trend used in economic policy?
A: This metric is used by economists and trade policy experts to assess Wisconsin's export competitiveness and integration with international markets.
Q: Are there update delays or limitations?
A: The data is published with a delay of several months, and may not capture all exporting activity due to the challenges of comprehensive business reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to United Arab Emirates from Wisconsin (WIAREA475SCEN), retrieved from FRED.