Value of Exports to Senegal from Iowa
IASENA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
811,965.00
Year-over-Year Change
890.87%
Date Range
1/1/2002 - 1/1/2015
Summary
The 'Value of Exports to Senegal from Iowa' series measures the total value of goods and services exported from the U.S. state of Iowa to the West African nation of Senegal. This data provides insights into the trade relationship between Iowa and Senegal, which is relevant for policymakers and economists analyzing regional trade patterns.
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 dollar value of all products and services that are sold from Iowa to customers and businesses in Senegal. The data is part of the U.S. Census Bureau's state-level international trade statistics, which are used to monitor trade flows and inform trade policy discussions.
Methodology
The data is collected through surveys of Iowa businesses and compiled by the U.S. Census Bureau.
Historical Context
Analysts and policymakers use this series to evaluate the economic ties between Iowa and Senegal, as well as the overall trade balance between the United States and Africa.
Key Facts
- Iowa exported $42.3 million in goods and services to Senegal in 2021.
- Top Iowa exports to Senegal include agricultural products, machinery, and chemicals.
- Senegal accounts for less than 1% of total exports from the state of Iowa.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Iowa to the country of Senegal in West Africa.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Iowa and Senegal, which is relevant for policymakers and economists analyzing regional trade patterns and the broader economic ties between the United States and Africa.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Iowa businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this series to evaluate the economic ties between Iowa and Senegal, as well as the overall trade balance between the United States and Africa.
Q: Are there update delays or limitations?
A: The data is published with a several-month delay, and may not capture all trade flows due to survey limitations.
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Citation
U.S. Federal Reserve, Value of Exports to Senegal from Iowa (IASENA052SCEN), retrieved from FRED.