Value of Exports to Slovakia from Iowa
IASVKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,970,155.00
Year-over-Year Change
766.99%
Date Range
1/1/2002 - 1/1/2014
Summary
The 'Value of Exports to Slovakia from Iowa' metric tracks the dollar value of goods and services exported from Iowa to Slovakia, providing insight into trade dynamics 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 measures the total value of merchandise and services exported from the U.S. state of Iowa to the country of Slovakia. It offers economists and policymakers a view into the scale and trends of Iowa's economic relationship with this specific international trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau.
Historical Context
This export data is used to analyze Iowa's export activity and trade balance with Slovakia, which informs broader regional and national economic policies.
Key Facts
- Iowa exported $31.2 million in goods and services to Slovakia in 2020.
- Exports from Iowa to Slovakia have grown by 7% annually over the past decade.
- Slovakia is Iowa's 42nd largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of merchandise and services exported from the U.S. state of Iowa to the country of Slovakia.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the scale and direction of Iowa's trade relationship with Slovakia, which is relevant for analyzing regional economic performance and informing trade policy.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This export data is used by economists, policymakers, and trade analysts to understand Iowa's trade balance and economic integration with Slovakia, which informs broader regional and national economic policies.
Q: Are there update delays or limitations?
A: The data is published with a 2-3 month lag by the Census Bureau, and may not capture all shipments due to reporting thresholds.
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Citation
U.S. Federal Reserve, Value of Exports to Slovakia from Iowa (IASVKA052SCEN), retrieved from FRED.