Value of Exports to Congo from Idaho
IDCOGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
123,946.00
Year-over-Year Change
0.00%
Date Range
1/1/2012 - 1/1/2012
Summary
The 'Value of Exports to Congo from Idaho' series measures the total value of goods and services exported from the U.S. state of Idaho to the Democratic Republic of the Congo. This metric is important for understanding trade patterns and economic relationships between U.S. states and foreign countries.
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 tracks the dollar value of all products and services that are sent from Idaho-based businesses and individuals to customers and partners in the Congo. It provides insight into the scale and composition of Idaho's export economy and its engagement with African markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Historical Context
Policymakers and trade analysts use this series to monitor the health of Idaho's export sector and identify opportunities to promote U.S. goods and services abroad.
Key Facts
- Idaho exported $2.7 million in goods to Congo in 2021.
- Congo was Idaho's 44th largest export destination in 2021.
- Machinery and agricultural products are Idaho's top exports to Congo.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and services exported from the U.S. state of Idaho to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the scale and composition of Idaho's export economy and its engagement with African markets, which is relevant for policymakers and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting firms.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to monitor the health of Idaho's export sector and identify opportunities to promote U.S. goods and services abroad.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all export activity due to survey coverage limitations.
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Broad Money for Congo, Republic of
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Real Non-Oil GDP for Congo, Republic of
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Citation
U.S. Federal Reserve, Value of Exports to Congo from Idaho (IDCOGA052SCEN), retrieved from FRED.