Number of Identified Exporters to Benin from Idaho

IDBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1.00

Year-over-Year Change

0.00%

Date Range

1/1/2003 - 1/1/2015

Summary

The 'Number of Identified Exporters to Benin from Idaho' series tracks the volume of export activity from the U.S. state of Idaho to the West African nation of Benin. This metric provides insights into the trade relationship between these 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 data series represents the total number of unique business entities identified as exporting goods from Idaho to Benin. It serves as an indicator of the scale and engagement of cross-border trade between these two economies.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

Policymakers and trade analysts use this metric to evaluate economic integration and commercial opportunities between Idaho and Benin.

Key Facts

  • Idaho has a population of over 1.8 million people.
  • Benin is a West African country with a GDP of $16 billion.
  • The U.S. is one of Benin's top import partners.

FAQs

Q: What does this economic trend measure?

A: This data series tracks the number of unique business entities in Idaho that are identified as exporting goods to Benin.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insights into the scale and engagement of cross-border trade between Idaho and Benin, which is useful for policymakers and trade analysts.

Q: How is this data collected or calculated?

A: The data is collected through surveys and administrative records by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and trade analysts use this metric to evaluate economic integration and commercial opportunities between Idaho and Benin.

Q: Are there update delays or limitations?

A: The data may be subject to delays in reporting and could have limitations in capturing all exporting entities.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Benin from Idaho (IDBENA475SCEN), retrieved from FRED.