Value of Exports to Barbados from Idaho
IDBRBA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
286,856.00
Year-over-Year Change
-3.12%
Date Range
1/1/1997 - 1/1/2016
Summary
The 'Value of Exports to Barbados from Idaho' series tracks the total value of goods and services exported from the U.S. state of Idaho to the Caribbean island nation of Barbados. This data provides insights into trade flows and economic relationships between regional 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
This economic indicator represents the monetary value of all products and services shipped from Idaho to Barbados. It is used by trade analysts, economic development organizations, and policymakers to monitor the trade balance and commercial activity between the two locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Idaho-based businesses and exporters.
Historical Context
Trends in this series can inform decisions related to international trade policy, market access, and commercial partnerships.
Key Facts
- Idaho exported $2.3 million in goods to Barbados in 2021.
- Barbados ranks 102nd as a destination for Idaho's exports.
- Food products make up the largest share of Idaho's exports to Barbados.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of goods and services exported from the U.S. state of Idaho to Barbados.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into trade flows and economic relationships between Idaho and Barbados, which can inform trade policy, market access, and commercial partnerships.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Idaho-based businesses and exporters.
Q: How is this trend used in economic policy?
A: Trends in this series can inform decisions related to international trade policy, market access, and commercial partnerships between Idaho and Barbados.
Q: Are there update delays or limitations?
A: There may be lags in reporting and publishing the data due to the time required for data collection and processing.
Related Trends
Number of Identified Exporters to Barbados from Missouri
MOBRBA475SCEN
Value of Exports to Barbados from Hawaii
HIBRBA052SCEN
Number of Identified Exporters to Barbados from South Dakota
SDBRBA475SCEN
Number of Identified Exporters to Barbados from Vermont
VTBRBA475SCEN
Number of Identified Exporters to Barbados from Maine
MEBRBA475SCEN
Value of Exports to Barbados from District of Columbia
DCBRBA052SCEN
Citation
U.S. Federal Reserve, Value of Exports to Barbados from Idaho (IDBRBA052SCEN), retrieved from FRED.