Value of Exports to Hong Kong from Iowa
IAHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
269,972,637.00
Year-over-Year Change
555.73%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Hong Kong from Iowa' series measures the dollar value of goods and services exported from the U.S. state of Iowa to Hong Kong. This metric is important for understanding Iowa's international trade dynamics and the state's economic connections with a major global market.
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 total value of products and services shipped from Iowa to Hong Kong, one of the world's leading trade and financial centers. The data is used by economists, policymakers, and businesses to analyze Iowa's export performance and commercial relationships with international partners.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Trends in Iowa's exports to Hong Kong are closely watched as indicators of the state's trade competitiveness and integration with Asian markets.
Key Facts
- Iowa exported over $700 million in goods to Hong Kong in 2021.
- Hong Kong was Iowa's 6th largest export destination in 2021.
- Soybeans, meat, and cereals are major Iowa exports to Hong Kong.
FAQs
Q: What does this economic trend measure?
A: This series measures the dollar value of goods and services exported from the U.S. state of Iowa to Hong Kong.
Q: Why is this trend relevant for users or analysts?
A: Trends in Iowa's exports to Hong Kong provide insights into the state's trade relationships and economic connections with a major global market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to analyze Iowa's trade competitiveness and integration with Asian markets.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a lag of several months.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Iowa (IAHKGA052SCEN), retrieved from FRED.