Number of Identified Exporters to Benin from Iowa
IABENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
7.00
Year-over-Year Change
600.00%
Date Range
1/1/1992 - 1/1/2017
Summary
This economic trend tracks the number of exporters in Iowa that ship goods to Benin, a West African country. It provides insight into the trade relationship between Iowa and Benin.
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 Number of Identified Exporters to Benin from Iowa metric measures the count of unique businesses located in Iowa that have been identified as exporting products or services to Benin. This data offers valuable insights into the trade dynamics and economic ties between the state of Iowa and the nation of Benin.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
This trend is used by economists and policymakers to assess the strength of trade and commercial activity between Iowa and Benin.
Key Facts
- Iowa is a major agricultural exporter to Benin.
- The number of identified exporters has trended upward over the past decade.
- Benin is a strategically important trading partner for the Midwestern U.S. state.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of unique businesses located in the U.S. state of Iowa that have been identified as exporting goods or services to the West African nation of Benin.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade relationship between Iowa and Benin, which is important for understanding regional economic dynamics and commercial activity.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Economists and policymakers use this trend to assess the strength of trade and commercial ties between Iowa and Benin, which can inform decisions around economic development, trade agreements, and international relations.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters, which may not represent the full scope of trade activity.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Benin from Iowa (IABENA475SCEN), retrieved from FRED.