Value of Exports to Germany from Wisconsin
WIDEUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
665,864,836.00
Year-over-Year Change
33.18%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Germany from Wisconsin' measures the dollar value of goods and services exported from the state of Wisconsin to Germany. This metric is important for analyzing trade patterns and Wisconsin's economic connections with key international markets.
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 series tracks the total value of all products and services exported from Wisconsin businesses to customers in Germany. The data is used by economists, policymakers, and businesses to understand Wisconsin's trade relationships and competitiveness in the global economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This export value trend provides insight into Wisconsin's integration with the German market and can inform trade, investment, and economic development policies.
Key Facts
- Wisconsin exported over $3 billion in goods and services to Germany in 2021.
- Machinery and transportation equipment are Wisconsin's top exports to Germany.
- Germany is Wisconsin's 4th largest export market after Canada, Mexico, and China.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the state of Wisconsin to customers in Germany.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for understanding Wisconsin's trade relationships and economic connections with the important German market, which can inform business strategies, economic policymaking, and investment decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: This export value trend provides insights that can inform trade, investment, and economic development policies at the state and federal level.
Q: Are there update delays or limitations?
A: There may be several months of lag in the availability of the latest data, and the figures may be subject to revisions by the statistical agencies.
Related Trends
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Credit to Private Non-Financial Sector by Banks, Adjusted for Breaks, for Germany
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Infra-Annual Labor Statistics: Monthly Unemployment Total: 15 Years or over for Germany
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5-Bank Asset Concentration for Germany
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Nominal Imports of Goods and Services for Germany
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Citation
U.S. Federal Reserve, Value of Exports to Germany from Wisconsin (WIDEUA052SCEN), retrieved from FRED.