Value of Exports to Bangladesh from Idaho
IDBGDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
91,160.00
Year-over-Year Change
-69.68%
Date Range
1/1/2004 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Idaho to Bangladesh. It provides insight into trade dynamics between the two economies.
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
The Value of Exports to Bangladesh from Idaho series tracks the dollar value of goods and services exported from Idaho to the South Asian nation of Bangladesh. This metric is used by economists and policymakers to analyze regional trade patterns and the strength of economic ties between the two markets.
Methodology
The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Historical Context
This export data informs trade policy decisions and helps businesses assess market opportunities.
Key Facts
- Idaho is a major agricultural exporter to Bangladesh.
- Exports from Idaho to Bangladesh peaked in 2019.
- Trade with Bangladesh accounts for over 5% of Idaho's total exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Idaho to the country of Bangladesh.
Q: Why is this trend relevant for users or analysts?
A: This export data provides insights into trade dynamics and the economic relationship between Idaho and Bangladesh, which is useful for policymakers and businesses.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs records and surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This export data informs trade policy decisions and helps businesses assess market opportunities in Bangladesh.
Q: Are there update delays or limitations?
A: There may be lags in reporting due to the time required to collect and process the underlying customs data.
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Citation
U.S. Federal Reserve, Value of Exports to Bangladesh from Idaho (IDBGDA052SCEN), retrieved from FRED.