Value of Exports to the Plurinational State of Bolivia from Iowa
IABOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,173,125.00
Year-over-Year Change
194.92%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to the Plurinational State of Bolivia from Iowa' measures the total dollar value of goods exported from the U.S. state of Iowa to Bolivia. This metric is a key indicator of trade dynamics between the two economies.
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 economic series tracks the flow of physical goods and products from Iowa businesses and producers to the Bolivian market. It offers insights into the commercial relationship and interdependence between the state and the South American nation.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Historical Context
Policymakers and trade analysts use this series to monitor Iowa's export performance and assess the health of its commercial ties with Bolivia.
Key Facts
- Iowa is a major agricultural exporter to Bolivia.
- Exports from Iowa to Bolivia have grown steadily over the past decade.
- Bolivia is a small but important trade partner for the state of Iowa.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and products exported from the U.S. state of Iowa to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This metric offers insights into the trade dynamics and commercial relationship between Iowa and Bolivia, which is important for policymakers, businesses, and economists monitoring regional economic conditions.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other administrative sources.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor Iowa's export performance and assess the health of its commercial ties with Bolivia, which can inform decisions around trade agreements, market access, and economic development initiatives.
Q: Are there update delays or limitations?
A: There may be some delays in reporting due to the time required for data collection and compilation, but the series is generally updated on a regular basis by the Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Iowa (IABOLA052SCEN), retrieved from FRED.