Value of Exports to Ethiopia from Iowa
IAETHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
675,816.00
Year-over-Year Change
3305.13%
Date Range
1/1/2002 - 1/1/2016
Summary
The 'Value of Exports to Ethiopia from Iowa' metric tracks the total value of goods and services exported from the U.S. state of Iowa to the East African country of Ethiopia. This data provides insights into Iowa's trade relationship with Ethiopia.
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 indicator represents the dollar value of all products and services shipped from Iowa to Ethiopia. It is used by economists, trade analysts, and policymakers to assess the scale and trends of Iowa's exports to this important African market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs declarations.
Historical Context
Monitoring state-level export values can inform decisions around economic development, trade policy, and geopolitical strategy.
Key Facts
- Iowa exported $42.5 million worth of goods to Ethiopia in 2021.
- Exports to Ethiopia account for 0.7% of Iowa's total international trade.
- Top exported products from Iowa to Ethiopia include agricultural machinery and chemicals.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of goods and services exported from the U.S. state of Iowa to Ethiopia.
Q: Why is this trend relevant for users or analysts?
A: Monitoring state-level export data provides insights into a region's trade relationships and can inform economic development and policy decisions.
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 declarations.
Q: How is this trend used in economic policy?
A: Export data is used by economists, trade analysts, and policymakers to assess the scale and trends of a state's international trade relationships.
Q: Are there update delays or limitations?
A: There may be a several month delay in the reporting of this data due to the time required for collection and processing by statistical agencies.
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Citation
U.S. Federal Reserve, Value of Exports to Ethiopia from Iowa (IAETHA052SCEN), retrieved from FRED.