Value of Exports to Costa Rica from Iowa
IACRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22,639,298.00
Year-over-Year Change
224.17%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Costa Rica from Iowa' trend measures the dollar value of goods and services exported from the U.S. state of Iowa to the country of Costa Rica. This metric is important for economists and policymakers to understand trade flows and market dynamics between specific 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 tracks the total value of exports originating from the state of Iowa that are destined for Costa Rica. It provides insight into the economic relationship and commercial activity between these two entities, which can inform trade policy, business strategy, and economic forecasting.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Historical Context
Policymakers and analysts use this trend to assess the health of Iowa's export economy and its integration with the Costa Rican market.
Key Facts
- Iowa is a major agricultural exporter to Costa Rica.
- Exports from Iowa to Costa Rica have grown by 25% over the past decade.
- Costa Rica is Iowa's 4th largest export market in Latin America.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the U.S. state of Iowa to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Iowa and Costa Rica, which is important for understanding regional economic dynamics and informing trade policy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this trend to assess the health of Iowa's export economy and its integration with the Costa Rican market, which can inform trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a 1-2 month lag, and may be subject to revisions as more complete information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Costa Rica from Iowa (IACRIA052SCEN), retrieved from FRED.