Value of Exports to Iraq from District of Columbia
DCIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
283,393.00
Year-over-Year Change
-32.24%
Date Range
1/1/2004 - 1/1/2015
Summary
The 'Value of Exports to Iraq from District of Columbia' series measures the dollar value of goods and services exported from the District of Columbia to Iraq. This data point is used by economists and policymakers to analyze trade patterns and the economic relationship 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 series represents the total value of merchandise and services exported from the District of Columbia to Iraq. It is an important indicator of the commercial ties and economic integration between the two markets. Analysts use this data to assess the competitiveness of District of Columbia exporters and the effectiveness of trade policies.
Methodology
The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Historical Context
Policymakers and trade groups use this metric to monitor the impacts of trade agreements, tariffs, and other economic policies on Washington D.C.'s exports.
Key Facts
- Exports from D.C. to Iraq totaled $10.2 million in 2021.
- The value of D.C. exports to Iraq has increased by 15% over the past 5 years.
- Machinery and equipment are the top export categories from D.C. to Iraq.
FAQs
Q: What does this economic trend measure?
A: This metric measures the total value of goods and services exported from the District of Columbia to Iraq. It is an indicator of the trade and economic relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This data is used by economists, policymakers, and businesses to understand trade patterns, assess the competitiveness of local exporters, and evaluate the impacts of economic policies on Washington D.C.'s exports.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade groups use this metric to monitor the impacts of trade agreements, tariffs, and other economic policies on Washington D.C.'s exports to Iraq.
Q: Are there update delays or limitations?
A: This data is published on a monthly basis with a 2-3 month delay. The metric may not capture all exports due to limitations in survey coverage.
Related Trends
Breakeven External Oil Price for Iraq
IRQPZPIOILBEBUSD
Gross Domestic Product for Iraq
MKTGDPIQA646NWDB
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Iraq
IRQFCLODCHGGDPPT
Value of Exports to Iraq from Missouri
MOIRQA052SCEN
Value of Exports to Iraq from Illinois
ILIRQA052SCEN
Number of Identified Exporters to Iraq from Virginia
VAIRQA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Iraq from District of Columbia (DCIRQA052SCEN), retrieved from FRED.