Value of Exports to Iraq from Wisconsin
WIIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
19,715,081.00
Year-over-Year Change
1038.67%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Wisconsin' trend measures the dollar value of goods exported from the state of Wisconsin to Iraq. This metric is important for understanding Wisconsin's international trade and economic 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 data series tracks the total value of commodities and products exported from Wisconsin to Iraq over time. It provides insight into the scale and trends of Wisconsin's exports to this key Middle Eastern market, which is relevant for policymakers, businesses, and economists analyzing the state's trade profile.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Analysts and policymakers use this metric to assess Wisconsin's export activity and competitiveness in global markets.
Key Facts
- Wisconsin exported over $250 million in goods to Iraq in 2021.
- Exports to Iraq account for around 1% of total Wisconsin exports.
- The top Wisconsin exports to Iraq include machinery, vehicles, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and commodities exported from the U.S. state of Wisconsin to the country of Iraq over time.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Wisconsin's international trade relationships and economic engagement with a key Middle Eastern market, which is valuable information for policymakers, businesses, and economists analyzing the state's economic performance and competitiveness.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to assess Wisconsin's export activity and competitiveness in global markets, which can inform trade, economic development, and other policy decisions.
Q: Are there update delays or limitations?
A: There may be some reporting delays, as the data is collected through company surveys, but the series is generally updated on a regular basis by the Census Bureau.
Related Trends
Value of Exports to Iraq from Virginia
VAIRQA052SCEN
Balance on Current Account for Iraq
IRQBCAUSD
Number of Identified Exporters to Iraq from Texas
TXIRQA475SCEN
5-Bank Asset Concentration for Iraq
DDOI06IQA156NWDB
Number of Identified Exporters to Iraq from Louisiana
LAIRQA475SCEN
Number of Identified Exporters to Iraq from Pennsylvania
PAIRQA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Iraq from Wisconsin (WIIRQA052SCEN), retrieved from FRED.