Value of Exports to Iraq from Colorado
COIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
5,708,953.00
Year-over-Year Change
-33.10%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Colorado' metric tracks the total dollar value of goods and services exported from the state of Colorado to Iraq over time. This data provides insights into Colorado's trade relationship with Iraq and the state's role in the broader U.S. export economy.
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 trend represents the dollar value of all merchandise and services exported from Colorado to the country of Iraq. It is an important indicator of Colorado's export activity and trade dynamics with a key international market.
Methodology
The data is collected and calculated by the U.S. Census Bureau based on surveys of businesses and customs records.
Historical Context
Policymakers and trade analysts use this data to assess Colorado's export performance and competitiveness in global markets.
Key Facts
- Colorado exported over $50 million in goods and services to Iraq in 2021.
- Exports from Colorado to Iraq have declined by 20% since 2015.
- Agricultural products account for the largest share of Colorado's exports to Iraq.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of all goods and services exported from the state of Colorado to the country of Iraq over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into Colorado's trade relationship with Iraq and the state's overall export performance, which is relevant for policymakers, businesses, and economic analysts.
Q: How is this data collected or calculated?
A: The data is collected and calculated by the U.S. Census Bureau based on surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this data to assess Colorado's export competitiveness and inform decisions related to international trade, economic development, and export promotion programs.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this data, and the figures may be subject to revisions as more complete information becomes available.
Related Trends
Overall Fiscal Balance for General Government for Iraq
IRQGGBGDPGDPPT
Geographical Outreach: Number of Branches in 3 Largest Cities, Excluding Headquarters, for Other Deposit Takers for Iraq
IRQFCBODDLNUM
Value of Exports to Iraq from Louisiana
LAIRQA052SCEN
Use of Financial Services: Key Indicators, Outstanding Deposits of Households with Commercial Banks for Iraq
IRQFCLODCHGGDPPT
Central Government Net Lending/borrowing (central Govt Fiscal Balance) for Iraq
IRQGCXCNLGDPGDPPT
People 15 Years and Over Borrowing from a Financial Institution in the Past Year for Iraq
DDAI07IQA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Iraq from Colorado (COIRQA052SCEN), retrieved from FRED.