Value of Exports to Romania from Wisconsin
WIROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
23,288,390.00
Year-over-Year Change
530.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Romania from Wisconsin' series measures the dollar value of goods and services exported from the U.S. state of Wisconsin to Romania. This metric is a key indicator of trade and economic activity between the two regions.
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 provides insight into the commercial relationship between Wisconsin and Romania. Economists and policymakers use it to analyze trade flows, assess the impact of economic policies, and identify opportunities for expanding exports.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
This export data is relevant for understanding Wisconsin's participation in the global economy and informing trade negotiations.
Key Facts
- Wisconsin exported $71.5 million in goods to Romania in 2021.
- The top Wisconsin exports to Romania are machinery, vehicles, and agricultural products.
- Romania is Wisconsin's 47th largest export destination.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the U.S. state of Wisconsin to Romania.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between Wisconsin and Romania, which is useful for analyzing trade flows, assessing economic policies, and identifying export opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: This export data is relevant for understanding Wisconsin's participation in the global economy and informing trade negotiations between the U.S. and Romania.
Q: Are there update delays or limitations?
A: The data is typically released with a lag of several months, and may be subject to revisions as more information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Wisconsin (WIROUA052SCEN), retrieved from FRED.