Number of Identified Exporters to Cote d'Ivoire from Iowa
IACIVA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
9.00
Year-over-Year Change
50.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Cote d'Ivoire from Iowa' measures the count of unique businesses located in Iowa that export goods to the West African nation of Cote d'Ivoire. This trend provides insights into the trade relationship between Iowa and Cote d'Ivoire.
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 tracks the number of distinct Iowa-based companies that ship products to Cote d'Ivoire. It serves as an indicator of the commercial ties and export activity between the U.S. state and the African country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Economists and policymakers monitor this trend to understand Iowa's trade patterns and the state's engagement with the Ivorian market.
Key Facts
- Iowa exported $56 million in goods to Cote d'Ivoire in 2021.
- The number of identified Iowa exporters to Cote d'Ivoire has increased by 20% since 2015.
- Machinery and agricultural products are Iowa's top exports to Cote d'Ivoire.
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 export goods to the West African country of Cote d'Ivoire.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship between Iowa and Cote d'Ivoire, helping economists and policymakers understand patterns of export activity and commercial ties between the two regions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Analysts and policymakers monitor this trend to gain insights into Iowa's trade engagement with the Ivorian market, which can inform decisions around economic development, trade agreements, and export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a several-month lag, and may not capture all exporting businesses, particularly smaller or irregular exporters.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Cote d'Ivoire from Iowa (IACIVA475SCEN), retrieved from FRED.