Value of Exports to Japan from Idaho
IDJPNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
179,368,208.00
Year-over-Year Change
-38.84%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Japan from Idaho' trend measures the total value of goods and services exported from the U.S. state of Idaho to Japan. This metric is important for understanding Idaho's trade relationships and economic integration with the global economy.
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 monetary value of all products and services exported from Idaho to Japan, one of the state's key international trade partners. Economists and policymakers use this information to analyze Idaho's export performance, trade flows, and economic ties with the Japanese market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and government agencies.
Historical Context
The 'Value of Exports to Japan from Idaho' trend is used to inform trade, economic, and foreign policy decisions by government and business leaders.
Key Facts
- Idaho exported $568 million worth of goods to Japan in 2021.
- Japan was Idaho's 3rd largest export destination in 2021.
- Top Idaho exports to Japan include computer and electronic products, agricultural commodities, and machinery.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Japan from Idaho' trend measures the total monetary value of all goods and services exported from the U.S. state of Idaho to the country of Japan.
Q: Why is this trend relevant for users or analysts?
A: This trend provides important information about Idaho's trade relationships and economic integration with the global economy, particularly with a key export market like Japan.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and government agencies.
Q: How is this trend used in economic policy?
A: The 'Value of Exports to Japan from Idaho' trend is used to inform trade, economic, and foreign policy decisions by government and business leaders.
Q: Are there update delays or limitations?
A: There may be a several month delay in the most recent data being available, as the Census Bureau collects and processes the information.
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Citation
U.S. Federal Reserve, Value of Exports to Japan from Idaho (IDJPNA052SCEN), retrieved from FRED.