Value of Exports to Brunei Darussalam from Wisconsin
WIBRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,183,590.00
Year-over-Year Change
668.39%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Brunei Darussalam from Wisconsin' series measures the dollar value of goods and services exported from the U.S. state of Wisconsin to the Southeast Asian nation of Brunei Darussalam. This metric is closely watched by economists and policymakers to gauge trade relationships and economic ties between regional partners.
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 economic indicator provides insight into the commercial activity and trade flows between Wisconsin and Brunei. Analyzing trends in this data can help identify opportunities and challenges in the bilateral trade relationship, which is relevant for businesses, trade negotiators, and economic analysts.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market participants utilize this series to monitor the health of Wisconsin's export economy and its commercial engagement with Brunei.
Key Facts
- Wisconsin exported $13.4 million in goods to Brunei in 2021.
- Brunei ranks 148th as a destination for Wisconsin's exports.
- Computer and electronic products are Wisconsin's top export to Brunei.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Wisconsin to the country of Brunei Darussalam.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding the trade relationship between Wisconsin and Brunei, which can inform business strategies, policy decisions, and economic analysis.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and market participants use this series to monitor the health of Wisconsin's export economy and its commercial engagement with Brunei.
Q: Are there update delays or limitations?
A: This data is published monthly with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Brunei Darussalam from Wisconsin (WIBRNA052SCEN), retrieved from FRED.