Value of Exports to Slovakia from Idaho

IDSVKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

30,763.00

Year-over-Year Change

-72.16%

Date Range

1/1/2003 - 1/1/2017

Summary

The 'Value of Exports to Slovakia from Idaho' measures the dollar value of goods and services exported from the U.S. state of Idaho to the European country of Slovakia. This economic indicator provides insights into Idaho's international trade and commercial relationships.

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 series tracks the monetary value of products and services shipped from Idaho, one of the western U.S. states, to Slovakia, a member of the European Union. It offers economists and policymakers a view into the commercial ties between this specific state-country trade corridor.

Methodology

The data is collected and reported by the U.S. Census Bureau.

Historical Context

This export value trend can inform assessments of Idaho's export-driven economic activity and the state's integration with global markets.

Key Facts

  • Idaho exported $31.2 million worth of goods to Slovakia in 2021.
  • Slovakia accounted for 0.3% of Idaho's total international exports.
  • Food products are Idaho's top export category to Slovakia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total monetary value of goods and services exported from the U.S. state of Idaho to the country of Slovakia.

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

A: This export value data provides insights into Idaho's international trade relationships and can inform assessments of the state's export-driven economic activity and global market integration.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau.

Q: How is this trend used in economic policy?

A: Policymakers and economists can use this export value trend to evaluate Idaho's trade dynamics and the state's commercial ties with the European market.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the series may not capture all export activity, such as certain services trade.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Slovakia from Idaho (IDSVKA052SCEN), retrieved from FRED.