Value of Exports to Iraq from Oregon
ORIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,885,943.00
Year-over-Year Change
996.05%
Date Range
1/1/2003 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Oregon to Iraq. It provides insight into the trade relationship and economic ties between Oregon and this key Middle Eastern 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
The 'Value of Exports to Iraq from Oregon' series tracks the dollar value of physical goods and commodities shipped from Oregon to Iraq. This metric is used by economists and policymakers to analyze the state's export performance and international trade patterns.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Oregon-based exporters and customs records.
Historical Context
Trends in Oregon's exports to Iraq are relevant for understanding the state's economic integration with global markets and the potential impacts of trade policy.
Key Facts
- Oregon exported $15.2 million in goods to Iraq in 2021.
- Exports to Iraq account for 0.7% of Oregon's total international trade.
- Top exported products from Oregon to Iraq include agricultural commodities and machinery.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of physical goods and commodities exported from the U.S. state of Oregon to the country of Iraq.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Oregon's trade relationship and economic ties with a key Middle Eastern market, which is useful for understanding the state's export performance and international integration.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Oregon-based exporters and customs records.
Q: How is this trend used in economic policy?
A: Trends in Oregon's exports to Iraq are relevant for policymakers and economists analyzing the state's economic integration with global markets and the potential impacts of trade policy.
Q: Are there update delays or limitations?
A: The data is published with a lag, so there may be a delay of several months before the most recent figures are available.
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Citation
U.S. Federal Reserve, Value of Exports to Iraq from Oregon (ORIRQA052SCEN), retrieved from FRED.