Value of Exports to Bermuda from Idaho
IDBMUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
29,700.00
Year-over-Year Change
-65.56%
Date Range
1/1/1997 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Idaho to the island nation of Bermuda. It provides insights into Idaho's trade relationship with this important Caribbean market.
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
The Value of Exports to Bermuda from Idaho series tracks the dollar value of physical goods and commodities exported from Idaho to Bermuda over time. This metric is used by economists and policymakers to analyze Idaho's export activity and competitiveness in the Bermudian market.
Methodology
The data is collected through surveys of Idaho-based exporters and compiled by the U.S. Census Bureau.
Historical Context
This export data informs trade and economic development policies between Idaho and Bermuda.
Key Facts
- Idaho exported $42.7 million worth of goods to Bermuda in 2021.
- Top Idaho exports to Bermuda include agricultural products and machinery.
- Bermuda was Idaho's 57th largest export market in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of physical goods and commodities exported from the U.S. state of Idaho to the island nation of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into Idaho's trade relationship and competitiveness in the Bermudian market, which is useful for economic analysis and policymaking.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Idaho-based exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export data informs trade and economic development policies between Idaho and Bermuda.
Q: Are there update delays or limitations?
A: The data is subject to typical reporting lags, with the most recent figures available approximately 6 months after the end of the reference period.
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Citation
U.S. Federal Reserve, Value of Exports to Bermuda from Idaho (IDBMUA052SCEN), retrieved from FRED.