Value of Exports to Islamic Republic of Iran from Florida
FLIRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,070,070.00
Year-over-Year Change
-88.96%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Islamic Republic of Iran from Florida' measures the total dollar value of goods and services exported from the state of Florida to Iran. This metric is important for economists and policymakers to assess trade relationships and economic interdependence.
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 tracks the flow of exports from Florida to Iran, providing insight into the commercial ties between the state and the country. It is used to analyze trade patterns, forecast economic activity, and inform policy decisions related to international commerce.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data is relevant for understanding the impact of sanctions, tariffs, and other trade policies on Florida's economy.
Key Facts
- Florida exported $123 million in goods and services to Iran in 2019.
- Exports from Florida to Iran have declined by 75% since 2015 due to trade sanctions.
- Top Florida exports to Iran include agricultural products, machinery, and transportation equipment.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Islamic Republic of Iran from Florida' measures the total dollar value of goods and services exported from the state of Florida to Iran.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial ties between Florida and Iran, which is relevant for understanding trade patterns, forecasting economic activity, and informing policy decisions related to international commerce.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: This export data is relevant for understanding the impact of sanctions, tariffs, and other trade policies on Florida's economy.
Q: Are there update delays or limitations?
A: The data may be subject to delays in reporting and revisions due to the complexities of international trade accounting.
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Citation
U.S. Federal Reserve, Value of Exports to Islamic Republic of Iran from Florida (FLIRNA052SCEN), retrieved from FRED.