Number of Identified Exporters to Hong Kong from Iowa
IAHKGA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
163.00
Year-over-Year Change
18.12%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Hong Kong from Iowa' metric tracks the count of businesses located in Iowa that export goods and services to Hong Kong. This data provides insight into the economic ties between Iowa and the major global trading hub of Hong Kong.
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 economic trend represents the number of companies headquartered in the U.S. state of Iowa that are identified as exporting products or services to Hong Kong. It offers a measure of Iowa's export activity and economic integration with the Hong Kong market.
Methodology
The data is collected through customs and trade reporting by the U.S. Census Bureau.
Historical Context
Policymakers and economists use this metric to evaluate Iowa's trade relationships and competitiveness in the global economy.
Key Facts
- Iowa exported over $1.5 billion in goods to Hong Kong in 2021.
- The number of identified Iowa exporters to Hong Kong has grown by 25% since 2015.
- Hong Kong is Iowa's 4th largest export market by value.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of businesses located in the U.S. state of Iowa that are identified as exporting goods or services to the global trading hub of Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Iowa's economic ties and trade relationship with Hong Kong, which is an important market for the state's exporters.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and trade reporting.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to evaluate Iowa's trade competitiveness and integration with the global economy, particularly in the Hong Kong market.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the metric only captures identified exporters rather than the full universe of Iowa companies trading with Hong Kong.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Hong Kong from Iowa (IAHKGA475SCEN), retrieved from FRED.