Value of Exports to Iraq from Georgia

GAIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

77,398,243.00

Year-over-Year Change

269.89%

Date Range

1/1/2004 - 1/1/2017

Summary

The 'Value of Exports to Iraq from Georgia' series measures the total value of goods and services exported from the state of Georgia to Iraq. This metric is important for understanding Georgia's international trade dynamics and role in the broader U.S. economy.

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 tracks the dollar value of all commodities, including agricultural products, industrial supplies, capital goods, and consumer goods, that are exported from Georgia to Iraq. It provides insight into the trade relationship between the two regions and can inform economic and policy decisions.

Methodology

The data is collected and reported by the U.S. Census Bureau through surveys of businesses and other sources.

Historical Context

Policymakers and market analysts use this series to assess Georgia's export performance and competitiveness in the global marketplace.

Key Facts

  • Georgia's exports to Iraq totaled $XX.X million in the latest year.
  • Iraq ranks as Georgia's Xth largest export destination.
  • The value of Georgia's exports to Iraq has [increased/decreased] by X% over the past 5 years.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total dollar value of all goods and services exported from the state of Georgia to Iraq. It provides insight into Georgia's international trade relationships and economic activity.

Q: Why is this trend relevant for users or analysts?

A: This data is useful for policymakers, businesses, and economists to understand Georgia's export performance, trade dynamics, and role in the broader U.S. economy.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through surveys of businesses and other sources.

Q: How is this trend used in economic policy?

A: Analysts and policymakers use this series to assess Georgia's export competitiveness, monitor trade relationships, and inform economic development strategies.

Q: Are there update delays or limitations?

A: There may be a 1-2 month delay in reporting the latest data. The series only covers exports from Georgia to Iraq and does not include other trade flows.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Iraq from Georgia (GAIRQA052SCEN), retrieved from FRED.