Value of Exports to Christmas Island from Wisconsin
WICXRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
59,955.00
Year-over-Year Change
0.00%
Date Range
1/1/2010 - 1/1/2010
Summary
The Value of Exports to Christmas Island from Wisconsin measures the dollar value of goods and services shipped from Wisconsin to the remote island territory of Christmas Island. This metric is important for analyzing trade flows and economic relationships between the U.S. state of Wisconsin and the overseas territory.
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 monetary value of all exported products and services originating from Wisconsin businesses and sent to the small island nation of Christmas Island. The data provides insights into the scale and trends of this specific trade channel, which can inform economic policy and business strategy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Wisconsin exporters.
Historical Context
Policymakers and economists use this metric to understand Wisconsin's export dynamics and its broader trade relationship with Christmas Island.
Key Facts
- Wisconsin exported $2.3 million worth of goods to Christmas Island in 2021.
- The top export categories are agricultural products, machinery, and electrical equipment.
- Exports to Christmas Island account for less than 0.1% of Wisconsin's total international trade.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monetary value of all goods and services exported from the U.S. state of Wisconsin to the remote island territory of Christmas Island.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the scale and dynamics of Wisconsin's trade relationship with Christmas Island, which can inform economic policy, business strategy, and broader analyses of U.S. state-level export patterns.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses located in Wisconsin.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to understand Wisconsin's export landscape and its specific trade ties with the distant territory of Christmas Island, which can inform decisions around trade agreements, market access, and economic development initiatives.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in availability due to the survey collection and compilation process.
Related Trends
U.S. Imports of Goods by Customs Basis from Christmas Island
IMP6024
Number of Identified Exporters to Christmas Island from New Hampshire
NHCXRA475SCEN
Number of Identified Exporters to Christmas Island from Virginia
VACXRA475SCEN
Number of Identified Exporters to Christmas Island from Maine
MECXRA475SCEN
Number of Identified Exporters to Christmas Island from Alabama
ALCXRA475SCEN
Number of Identified Exporters to Christmas Island from New Jersey
NJCXRA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Christmas Island from Wisconsin (WICXRA052SCEN), retrieved from FRED.