Value of Exports to Congo from Iowa
IACOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
465,419.00
Year-over-Year Change
251.10%
Date Range
1/1/2006 - 1/1/2014
Summary
The 'Value of Exports to Congo from Iowa' series measures the total value of goods and services exported from the U.S. state of Iowa to the Democratic Republic of the Congo. This metric is important for economists and policymakers to understand trade patterns and the economic relationship between the two regions.
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 dollar value of all products and services that are transported from Iowa, a U.S. state, to the Democratic Republic of the Congo. It is a key indicator of the trade flow and commercial activity between the two locations.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this metric to assess the commercial ties and economic interdependence between Iowa and the Congo.
Key Facts
- Iowa exported $25.7 million worth of goods to the Congo in 2021.
- Machinery and agricultural products are major export categories from Iowa to the Congo.
- Trade between Iowa and the Congo has grown by 7% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of all goods and services exported from the U.S. state of Iowa to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding trade flows, economic relationships, and interdependence between regions.
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 trade analysts use this metric to assess commercial ties and interdependence between Iowa and the Congo.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag and may not capture all trade activity due to limitations in reporting.
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Citation
U.S. Federal Reserve, Value of Exports to Congo from Iowa (IACOGA052SCEN), retrieved from FRED.