Value of Exports to Fiji from Idaho
IDFJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
272,863.00
Year-over-Year Change
193.48%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Fiji from Idaho' measures the total value of goods and services exported from the U.S. state of Idaho to the country of Fiji. This metric is important for analyzing trade patterns and economic linkages 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 monetary value of all products and services shipped from Idaho businesses and individuals to consumers and businesses in Fiji. It is a key indicator of the trade relationship and commercial activity between these geographies.
Methodology
The data is collected through a survey of Idaho exporters and compiled by the U.S. Census Bureau.
Historical Context
Policy makers and market analysts use this data to assess the health of Idaho's export sector and its integration with the Fijian economy.
Key Facts
- Idaho's top exports to Fiji include machinery, agricultural products, and chemicals.
- Fiji is a small but growing export market for Idaho, accounting for under 1% of the state's total exports.
- Export values to Fiji have fluctuated significantly in recent years due to changes in global commodity prices.
FAQs
Q: What does this economic trend measure?
A: This data series measures the total monetary value of goods and services exported from the U.S. state of Idaho to the country of Fiji.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between Idaho and Fiji, which is useful for policymakers and market analysts assessing Idaho's export sector performance.
Q: How is this data collected or calculated?
A: The data is collected through a survey of Idaho exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policy makers and analysts use this data to evaluate the health of Idaho's export sector and its economic integration with the Fijian market.
Q: Are there update delays or limitations?
A: The data may experience lags of several months in reporting due to the survey-based collection process.
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Citation
U.S. Federal Reserve, Value of Exports to Fiji from Idaho (IDFJIA052SCEN), retrieved from FRED.