Value of Exports to Iraq from Pennsylvania
PAIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
8,470,098.00
Year-over-Year Change
-72.46%
Date Range
1/1/2002 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Pennsylvania' series measures the total value of goods exported from Pennsylvania to Iraq. This metric is important for economists and policymakers to track trade flows and economic relationships between U.S. 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 series represents the dollar value of all physical goods and commodities shipped from Pennsylvania to Iraq, including agricultural products, industrial supplies, consumer goods, and capital equipment. It provides insight into Pennsylvania's export performance and economic ties with the Iraqi market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Trends in Pennsylvania's exports to Iraq are relevant for trade policy, economic development, and international business analysts.
Key Facts
- Pennsylvania is a major U.S. exporting state.
- Iraq is an important trading partner for some U.S. states.
- Exports support jobs and economic growth in exporting regions.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods exported from the state of Pennsylvania to Iraq.
Q: Why is this trend relevant for users or analysts?
A: Tracking Pennsylvania's exports to Iraq provides insights into the state's international trade relationships and economic connections with foreign markets.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are relevant for trade policy, economic development initiatives, and analysis of international business opportunities.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all export activity.
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Citation
U.S. Federal Reserve, Value of Exports to Iraq from Pennsylvania (PAIRQA052SCEN), retrieved from FRED.