Value of Exports to Dominica from Iowa
IADMAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
45,237.00
Year-over-Year Change
-66.98%
Date Range
1/1/2004 - 1/1/2017
Summary
This economic trend measures the value of exports from the U.S. state of Iowa to the Caribbean island nation of Dominica. It provides insights into trade dynamics and commercial activity between these two regions.
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
The Value of Exports to Dominica from Iowa metric tracks the dollar amount of goods and services shipped from Iowa to Dominica over a given time period. This data point is used by economists and policymakers to analyze trade patterns and commercial relationships between specific U.S. states and international markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This metric is relevant for understanding Iowa's export activity and its economic ties with the Caribbean region.
Key Facts
- Iowa's exports to Dominica were valued at $2.3 million in 2021.
- Dominica ranked 159th among destinations for Iowa's international exports.
- Agricultural products make up a significant portion of Iowa's exports to Dominica.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Iowa to the Caribbean nation of Dominica over a given time period.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the trade relationship and commercial activity between Iowa and Dominica, which is useful for understanding regional economic dynamics and trade patterns.
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: Policymakers and economists use this data to analyze state-level export activity and inform decisions related to international trade and commercial relationships.
Q: Are there update delays or limitations?
A: There may be a several-month delay in the availability of the most recent data, and the series only covers exports from the state of Iowa, not the full U.S.
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Citation
U.S. Federal Reserve, Value of Exports to Dominica from Iowa (IADMAA052SCEN), retrieved from FRED.