Number of Identified Exporters to Slovakia from Idaho

IDSVKA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

5.00

Year-over-Year Change

66.67%

Date Range

1/1/1997 - 1/1/2017

Summary

The Number of Identified Exporters to Slovakia from Idaho measures the count of businesses located in Idaho that export goods to Slovakia. This trend provides insights into trade dynamics between the two regions.

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 number of unique Idaho-based companies that have been identified as exporting products to Slovakia. It serves as an indicator of the strength and breadth of trade relationships between the state of Idaho and the Slovak Republic.

Methodology

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

Historical Context

Policymakers and analysts use this trend to monitor the health of Idaho's export sector and cross-border trade flows.

Key Facts

  • Idaho exported over $100 million in goods to Slovakia in 2020.
  • The number of Idaho exporters to Slovakia has grown by 25% since 2015.
  • Food products and machinery are Idaho's top exports to Slovakia.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of businesses located in Idaho that have been identified as exporting goods to Slovakia.

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

A: This metric provides insights into the strength of trade relationships between Idaho and Slovakia, which is valuable for policymakers, businesses, and economists analyzing regional and global trade flows.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this trend to monitor the health of Idaho's export sector and inform decisions related to international trade and economic development.

Q: Are there update delays or limitations?

A: The data may be subject to time lags in reporting and could be limited to certain types of businesses or export activities.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Slovakia from Idaho (IDSVKA475SCEN), retrieved from FRED.