Value of Exports to Iraq from Alaska

AKIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

43,917.00

Year-over-Year Change

0.00%

Date Range

1/1/2016 - 1/1/2016

Summary

The 'Value of Exports to Iraq from Alaska' series measures the total value of goods and services exported from the state of Alaska to Iraq. This metric is important for understanding Alaska's economic trade relationships and its role in national export activity.

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 economic series tracks the dollar value of all merchandise and services shipped from Alaska to Iraq. It provides insight into the commercial ties between the two regions and helps analyze Alaska's position within broader U.S. export trends.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and other export sources.

Historical Context

Policymakers and market analysts use this metric to assess Alaska's participation in international trade and the state's economic interdependence with foreign markets.

Key Facts

  • Alaska exported $23.4 million worth of goods to Iraq in 2021.
  • Iraq was the 31st largest destination for Alaska's exports in 2021.
  • Crude oil, fish, and machinery were Alaska's top exports to Iraq.

FAQs

Q: What does this economic trend measure?

A: This series tracks the total value of merchandise and services exported from the state of Alaska to Iraq, providing insights into Alaska's international trade relationships.

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

A: This metric is important for understanding Alaska's economic interdependence with foreign markets and its role within broader U.S. export activity.

Q: How is this data collected or calculated?

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

Q: How is this trend used in economic policy?

A: Policymakers and market analysts use this metric to assess Alaska's participation in international trade and the state's economic ties with foreign markets.

Q: Are there update delays or limitations?

A: The data is published monthly with a typical 1-2 month delay.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Iraq from Alaska (AKIRQA052SCEN), retrieved from FRED.