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Discover Ludwig'considerable economic importance' is correct and usable in written English.
You can use it whenever you need to describe something that has a very significant economic value. For example, "The port of Shanghai has considerable economic importance for China."
Exact(42)
The birches and alders produce timber of considerable economic importance.
The parasite is of considerable economic importance because it stains wool, reducing its market value.
Minerals such as sodium sulfate, extracted from the Kara-Bogaz-Gol, also have considerable economic importance.
Brucellosis is, therefore, of considerable economic importance, although it causes no dramatic loss of livestock.
This chapter emphasizes audio power amplifiers which are of considerable economic importance.
Therefore, controlling the length of the dormancy period is of considerable economic importance.
Similar(18)
The tube-nosed seabirds have been of considerable local economic importance as a source of protein food, feathers, and oil wherever humans have colonized or have been able to raid the coastal and oceanic islands where they breed.
Some phytomyxid parasites are of considerable economic and ecologic importance globally, and their hosts include important species in marine and terrestrial environments.
The age structure of the population is of considerable social and economic importance.
Immigrants from other French regions and repatriates from North Africa are of considerable social and economic importance.
Hydnum L. is a fungal genus with considerable ecological and economic importance as it comprises of several edible ectomycorrhizal mushrooms.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com