Value of Exports to Russia from Iowa
IARUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115,082,933.00
Year-over-Year Change
64.28%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Russia from Iowa' series measures the total dollar value of goods and services exported from the U.S. state of Iowa to Russia. This metric is important for understanding Iowa's trade relationship with Russia and its potential economic impacts.
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 monetary value of all products and services shipped from Iowa to customers and businesses in Russia. It is used by economists, policymakers, and trade analysts to evaluate the strength of Iowa's export activities and Russia's importance as a trading partner for the state.
Methodology
The U.S. Census Bureau collects this data through surveys of exporting companies located in Iowa.
Historical Context
Trends in Iowa's exports to Russia can inform trade policy decisions and shape commercial relationships between the state and the Russian market.
Key Facts
- Iowa is a major agricultural exporter to Russia.
- Export values peaked in 2013 at over $250 million.
- Exports declined sharply after 2014 due to economic sanctions.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Iowa to customers and businesses in Russia.
Q: Why is this trend relevant for users or analysts?
A: Tracking Iowa's exports to Russia is important for understanding the state's international trade relationships and the potential economic impacts of changes in this trade flow.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies located in Iowa.
Q: How is this trend used in economic policy?
A: Trends in Iowa's exports to Russia can inform trade policy decisions and shape commercial relationships between the state and the Russian market.
Q: Are there update delays or limitations?
A: There may be delays in data reporting, and the series may not capture all export activity from Iowa to Russia.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Iowa (IARUSA052SCEN), retrieved from FRED.