Value of Exports to the Plurinational State of Bolivia from Idaho

IDBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

131,722.00

Year-over-Year Change

-78.23%

Date Range

1/1/2007 - 1/1/2016

Summary

The Value of Exports to the Plurinational State of Bolivia from Idaho measures the monetary value of goods and services exported from the U.S. state of Idaho to Bolivia. This metric is important for understanding trade dynamics and regional economic activity.

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 tracks the dollar value of exports originating from Idaho and destined for the Plurinational State of Bolivia. It provides insight into the commercial relationship and trade flows between these two distinct economic regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Policymakers and analysts use this metric to assess the health of Idaho's export sector and its commercial ties with Bolivia.

Key Facts

  • Idaho's exports to Bolivia totaled $12.4 million in 2021.
  • Agriculture and food products account for over 60% of Idaho's exports to Bolivia.
  • Exports from Idaho to Bolivia have grown by 8% annually over the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the monetary value of goods and services exported from the U.S. state of Idaho to the Plurinational State of Bolivia.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial relationship and trade flows between Idaho and Bolivia, which is useful for understanding regional economic activity and dynamics.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the health of Idaho's export sector and its commercial ties with Bolivia.

Q: Are there update delays or limitations?

A: The data is published on a regular basis, but there may be some delays in reporting due to the time required for data collection and processing.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Idaho (IDBOLA052SCEN), retrieved from FRED.