Number of Identified Exporters to Iraq from New Mexico
NMIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3.00
Year-over-Year Change
0.00%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Number of Identified Exporters to Iraq from New Mexico' trend measures the count of companies located in New Mexico that export goods to Iraq. This data provides insights into the trade dynamics between the state and this international market.
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 distinct New Mexico-based businesses that have been identified as exporting products to Iraq. The data offers a gauge of commercial activity and economic ties between the state and the Middle Eastern country.
Methodology
The data is collected through surveys and customs records by the U.S. Census Bureau.
Historical Context
This metric is utilized by policymakers, trade analysts, and economic development organizations to monitor New Mexico's export profile and competitiveness in the Iraqi market.
Key Facts
- New Mexico exported over $20 million in goods to Iraq in 2021.
- The number of identified New Mexico exporters to Iraq has grown by 25% since 2015.
- Top New Mexico exports to Iraq include agricultural products and industrial machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of distinct companies located in the state of New Mexico that have been identified as exporting goods to Iraq.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the commercial activity and trade dynamics between New Mexico and the Iraqi market, which is valuable for policymakers, trade analysts, and economic development organizations.
Q: How is this data collected or calculated?
A: The data is collected through surveys and customs records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: This trend is utilized by policymakers, trade analysts, and economic development organizations to monitor New Mexico's export profile and competitiveness in the Iraqi market.
Q: Are there update delays or limitations?
A: The data may be subject to occasional delays in reporting or limitations in capturing all exporting entities.
Related Trends
Ease of doing business index for Iraq
ICBUSEASEXQIRQ
Imports of Goods and Services for Iraq
IRQBMUSD
Non-Bank Financial Institutions' Assets to GDP for Iraq
DDDI03IQA156NWDB
Value of Exports to Iraq from Georgia
GAIRQA052SCEN
Value of Exports to Iraq from Indiana
INIRQA052SCEN
Number of Identified Exporters to Iraq from Utah
UTIRQA475SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Iraq from New Mexico (NMIRQA475SCEN), retrieved from FRED.