Value of Exports to Liberia from Wisconsin
WILBRA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
85,377.00
Year-over-Year Change
118.50%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Liberia from Wisconsin' series measures the dollar value of goods and services exported from the state of Wisconsin to the country of Liberia. This metric is important for economists and policymakers to assess regional trade patterns and the economic relationships between U.S. states and 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 data series tracks the total value of merchandise and services exported from Wisconsin to Liberia over time. It provides insight into the commercial activity and economic ties between the two regions, which is useful for analyzing state-level trade flows, cross-border supply chains, and the regional economic impacts of international commerce.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and market analysts use this metric to monitor Wisconsin's export performance and competitiveness in the Liberian market.
Key Facts
- Wisconsin exported over $25 million in goods and services to Liberia in 2021.
- Exports to Liberia account for less than 1% of Wisconsin's total international trade.
- Top Wisconsin exports to Liberia include machinery, agricultural products, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total dollar value of merchandise and services exported from the U.S. state of Wisconsin to the country of Liberia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial relationship and trade flows between Wisconsin and the Liberian market, which is useful for understanding regional economic dynamics and state-level export performance.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and market analysts use this series to monitor Wisconsin's export activity and competitiveness in the Liberian market, which informs decisions around trade policy, economic development, and regional commerce.
Q: Are there update delays or limitations?
A: There may be several months of delay in reporting the latest data, and the series only covers merchandise trade and does not include services exports.
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Citation
U.S. Federal Reserve, Value of Exports to Liberia from Wisconsin (WILBRA052SCEN), retrieved from FRED.