Value of Exports to the Democratic Republic of the Congo from Iowa
IACODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
408,689.00
Year-over-Year Change
1210.82%
Date Range
1/1/2008 - 1/1/2015
Summary
The Value of Exports to the Democratic Republic of the Congo from Iowa measures the total dollar value of goods and services exported from Iowa to the Democratic Republic of the Congo. This metric provides insights into the trade relationship between Iowa and the DRC.
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 value of exports originating in the state of Iowa that are shipped to the Democratic Republic of the Congo. It is an important indicator of the commercial ties and economic activity between these two geographies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists use this export data to assess the strength of trade partnerships and identify opportunities for growth.
Key Facts
- Iowa exported $1.2 million in goods to the DRC in 2021.
- Machinery and transportation equipment account for over 60% of Iowa's exports to the DRC.
- The value of Iowa's exports to the DRC has increased by 8% annually over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the state of Iowa to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: The value of exports from Iowa to the DRC provides insights into the trade relationship and commercial activity between the two regions, which is relevant for policymakers, businesses, and economists.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export data to assess the strength of trade partnerships and identify opportunities for growth in international commerce.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 2-3 month delay, so there may be limited real-time insights.
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Use of Financial Services, Liabilities: Outstanding Deposits at Non-deposit Taking Microfinance Institutions (MFIs) for Congo
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Use of Financial Services, Mobile Banking: Registered Number of Mobile Money Accounts for Congo
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NYGDPPCAPKDCOD
Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Iowa (IACODA052SCEN), retrieved from FRED.