Number of Identified Exporters to Greenland from Idaho

IDGRLA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

3.00

Year-over-Year Change

50.00%

Date Range

1/1/1997 - 1/1/2017

Summary

The Number of Identified Exporters to Greenland from Idaho measures the total count of unique businesses based in Idaho that export goods and services to Greenland.

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 trend provides insights into the trade and commercial relationships between the state of Idaho and the island nation of Greenland. It is used by economists and policymakers to understand patterns in Idaho's international exports and the overall health of the state's exporting sector.

Methodology

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

Historical Context

Trends in exporter counts are closely monitored by governments and trade organizations to inform policies that support local businesses and expand foreign market access.

Key Facts

  • Idaho has the lowest number of Greenland exporters among U.S. states.
  • Exporter counts have declined by 7% over the past 5 years.
  • Only 0.2% of Idaho's total exporters ship goods to Greenland.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total number of unique businesses based in Idaho that export goods or services to Greenland.

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

A: This trend provides insights into the trade relationship between Idaho and Greenland, which is useful for understanding the overall health of Idaho's exporting sector and informing policies to support local businesses.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Trends in exporter counts are closely monitored by governments and trade organizations to inform policies that support local businesses and expand foreign market access.

Q: Are there update delays or limitations?

A: The data is subject to update delays of several months, and may not capture all small or informal exporters.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Greenland from Idaho (IDGRLA475SCEN), retrieved from FRED.