Number of Identified Exporters to Portugal from Wisconsin
WIPRTA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
97.00
Year-over-Year Change
-17.80%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Portugal from Wisconsin' series tracks the total count of Wisconsin-based companies that export goods to Portugal. This metric is valuable for analyzing trade patterns and the international reach of the state's businesses.
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 volume and diversity of Wisconsin's export activity with Portugal, a key trading partner. Tracking exporter counts can reveal changes in market access, product competitiveness, and the state's overall export performance.
Methodology
The data is collected through business surveys and customs declarations.
Historical Context
Policymakers and industry analysts use this series to monitor Wisconsin's export sector and the impact of trade policies.
Key Facts
- Wisconsin exported over $280 million in goods to Portugal in 2021.
- The number of identified Wisconsin exporters to Portugal has grown by 25% in the past decade.
- Portugal is Wisconsin's 25th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total number of companies based in Wisconsin that export goods to Portugal, providing insight into the state's trade relationships and business engagement with the Portuguese market.
Q: Why is this trend relevant for users or analysts?
A: Monitoring exporter counts is important for understanding Wisconsin's export performance, competitiveness, and access to international markets. This data can inform policy decisions and business strategies related to trade and economic development.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and industry analysts use this series to evaluate the impact of trade policies and programs on Wisconsin's export sector, as well as to identify opportunities for promoting the state's exports.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most recent trade activity. Additionally, the series only captures formally identified exporters, and may not account for all small or informal trade activities.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Portugal from Wisconsin (WIPRTA475SCEN), retrieved from FRED.