Value of Exports to Romania from Iowa
IAROUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
16,741,676.00
Year-over-Year Change
2472.14%
Date Range
1/1/1992 - 1/1/2009
Summary
The 'Value of Exports to Romania from Iowa' measures the total value of goods and services exported from the U.S. state of Iowa to Romania. This metric is important for economists and policymakers to assess trade flows and evaluate the strength of economic relationships between 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
This data series tracks the dollar value of all products and services sold by businesses in Iowa to customers in Romania. It provides insight into the commercial activity and economic linkages between the two geographic areas.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
Policymakers and market analysts use this metric to monitor trends in Iowa's exports and identify opportunities or risks in the Romania-Iowa trade relationship.
Key Facts
- Iowa exported $52.4 million in goods and services to Romania in 2021.
- Machinery and equipment make up the largest share of Iowa's exports to Romania.
- Romania is Iowa's 47th largest export destination globally.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the total value of goods and services exported from the U.S. state of Iowa to Romania.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Iowa's exports to Romania provides insights into the trade relationship and commercial activity between the two regions.
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 market analysts use this metric to evaluate trends in Iowa's exports and identify opportunities or risks in the Romania-Iowa trade relationship.
Q: Are there update delays or limitations?
A: The data may have a several-month delay in reporting due to the time required for data collection and compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Romania from Iowa (IAROUA052SCEN), retrieved from FRED.