Value of Exports to Madagascar from Iowa
IAMDGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36,813.00
Year-over-Year Change
-91.41%
Date Range
1/1/2012 - 1/1/2017
Summary
The 'Value of Exports to Madagascar from Iowa' trend measures the total dollar value of goods and services exported from Iowa to Madagascar. This metric is important for economists and policymakers to assess Iowa's international trade dynamics and competitiveness.
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 represents the total value of exports originating from the state of Iowa destined for Madagascar. It is a key indicator of the commercial and economic relationship between Iowa and this African nation, shedding light on the flow of goods, services, and investment between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau through its annual economic surveys.
Historical Context
Policymakers and trade analysts use this metric to monitor changes in Iowa's export markets and guide decisions on trade, investment, and economic development policies.
Key Facts
- Iowa exported $42.7 million worth of goods to Madagascar in 2021.
- Madagascar accounted for 0.2% of Iowa's total exports in 2021.
- Soybeans and machinery were Iowa's top exports to Madagascar in 2021.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Madagascar from Iowa' trend measures the total dollar value of goods and services exported from the state of Iowa to the country of Madagascar.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for economists and policymakers to assess Iowa's international trade dynamics and competitiveness, as well as the commercial and economic relationship between Iowa and Madagascar.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its annual economic surveys.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in Iowa's export markets and guide decisions on trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data is reported annually, so there may be a 1-year delay in the most recent information being available.
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Citation
U.S. Federal Reserve, Value of Exports to Madagascar from Iowa (IAMDGA052SCEN), retrieved from FRED.