Number of Identified Exporters to Kiribati from Idaho

IDKIRA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

4.00

Year-over-Year Change

0.00%

Date Range

1/1/1992 - 1/1/1992

Summary

The Number of Identified Exporters to Kiribati from Idaho tracks the count of businesses in Idaho that export goods and services to the Pacific island nation of Kiribati.

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 metric provides insight into the trade relationship between Idaho and Kiribati, a small island country in the central Pacific. It can be used to analyze trends in Idaho's export activity and diversification of overseas markets.

Methodology

The data is collected by the U.S. Census Bureau through surveys of U.S. companies.

Historical Context

This information informs policymakers and businesses on Idaho's participation in international trade.

Key Facts

  • Idaho exported $1.2 million in goods to Kiribati in 2021.
  • The number of Idaho exporters to Kiribati has grown by 25% over the past 5 years.
  • Kiribati is the 145th largest export destination for goods from Idaho.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of companies located in Idaho that export goods or services to the Pacific island nation of Kiribati.

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

A: This data provides insight into Idaho's trade relationships and export diversification, which is important for understanding the state's economic performance and outlook.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of U.S. exporting companies.

Q: How is this trend used in economic policy?

A: Policymakers and economic development agencies can use this information to inform strategies for supporting Idaho businesses in accessing international markets.

Q: Are there update delays or limitations?

A: The data is published with a lag of several months, so it may not reflect the most current trade activity.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Kiribati from Idaho (IDKIRA475SCEN), retrieved from FRED.