Value of Exports to Brazil from Wisconsin
WIBRAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
277,778,498.00
Year-over-Year Change
15.96%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Wisconsin to Brazil. It is an important indicator of trade and economic activity 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
The 'Value of Exports to Brazil from Wisconsin' series tracks the dollar value of goods and services exported from Wisconsin to Brazil. This provides insight into the commercial relationship and economic interdependence between the state and the South American country.
Methodology
The data is collected and published by the U.S. Census Bureau.
Historical Context
Economists and policymakers use this metric to assess Wisconsin's trade dynamics and the state's engagement with the Brazilian market.
Key Facts
- Wisconsin exported over $400 million worth of goods to Brazil in 2021.
- Brazil is Wisconsin's 10th largest export destination globally.
- Machinery and transportation equipment are top Wisconsin exports to Brazil.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports from the U.S. state of Wisconsin to Brazil, providing insight into trade and economic activity between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is relevant for understanding Wisconsin's international trade dynamics and engagement with the Brazilian market, which is important for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is collected and published by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this metric to assess Wisconsin's trade relationships and inform decisions around economic development, international commerce, and trade policy.
Q: Are there update delays or limitations?
A: The data is published with a lag, typically several months after the reporting period.
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Citation
U.S. Federal Reserve, Value of Exports to Brazil from Wisconsin (WIBRAA052SCEN), retrieved from FRED.