Value of Exports to Barbados from Iowa

IABRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,332,411.00

Year-over-Year Change

-59.05%

Date Range

1/1/1992 - 1/1/2017

Summary

The 'Value of Exports to Barbados from Iowa' series measures the total dollar value of goods and services exported from the U.S. state of Iowa to the Caribbean island nation of Barbados. This metric is closely watched by economists and policymakers to gauge Iowa's international trade activity and economic ties with Barbados.

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 monetary value of all physical goods and intangible services that are produced in Iowa and sold to buyers located in Barbados. It provides insight into the commercial relationship and economic interdependence between these two geographies.

Methodology

The data is collected through surveys of Iowa-based businesses and compiled by the U.S. Census Bureau.

Historical Context

Policymakers and market analysts use this series to monitor Iowa's export performance and competitiveness in the Barbados market.

Key Facts

  • Iowa exported $23.4 million worth of goods to Barbados in 2021.
  • Machinery and agricultural products are Iowa's top exports to Barbados.
  • Barbados is Iowa's 82nd largest export destination globally.

FAQs

Q: What does this economic trend measure?

A: This series measures the total dollar value of goods and services exported from the U.S. state of Iowa to the Caribbean nation of Barbados.

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

A: This metric provides insight into the commercial relationship and economic interdependence between Iowa and Barbados, which is important for policymakers and market analysts to monitor.

Q: How is this data collected or calculated?

A: The data is collected through surveys of Iowa-based businesses and compiled by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this series to monitor Iowa's export performance and competitiveness in the Barbados market.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 2-month lag.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Barbados from Iowa (IABRBA052SCEN), retrieved from FRED.