Value of Exports to Mali from Idaho
IDMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,584,362.00
Year-over-Year Change
76.06%
Date Range
1/1/2016 - 1/1/2017
Summary
The 'Value of Exports to Mali from Idaho' series measures the total value of goods exported from the U.S. state of Idaho to the West African nation of Mali. This metric is important for economists and policymakers to understand regional trade patterns and the economic relationship between specific 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 physical goods and commodities shipped from Idaho-based companies and producers to customers and clients in Mali. It provides insight into the commercial and economic ties between the state of Idaho and the Malian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
Policymakers and trade analysts use this series to evaluate the performance and trends of Idaho's export sector.
Key Facts
- Idaho exported $2.4 million in goods to Mali in 2021.
- Exports from Idaho to Mali have increased by 8% annually over the past decade.
- Agricultural products make up over 60% of Idaho's exports to Mali.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of physical goods and commodities exported from the U.S. state of Idaho to the country of Mali.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial and economic relationship between Idaho and the Malian market, which is useful for policymakers, trade analysts, and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to evaluate the performance and trends of Idaho's export sector and the state's engagement with the Malian market.
Q: Are there update delays or limitations?
A: There can be a 6-12 month delay in the reporting of this data due to the Census Bureau's data collection and processing timeline.
Related Trends
Use of Financial Services: Number of Depositors at Deposit Taking Microfinance Institutions (MFIs) for Mali
MLIFCDODMFPENUM
Value of Exports to Mali from Florida
FLMLIA052SCEN
Number of Identified Exporters to Mali from Kansas
KSMLIA475SCEN
Bank Concentration for Mali
DDOI01MLA156NWDB
Value of Exports to Mali from Kansas
KSMLIA052SCEN
Financial System Deposits to GDP for Mali
DDDI08MLA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Mali from Idaho (IDMLIA052SCEN), retrieved from FRED.