Value of Exports to Brunei Darussalam from Idaho
IDBRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
64,125.00
Year-over-Year Change
63.08%
Date Range
1/1/2011 - 1/1/2015
Summary
The 'Value of Exports to Brunei Darussalam from Idaho' series measures the dollar value of goods and services exported from the U.S. state of Idaho to the Southeast Asian nation of Brunei Darussalam. This economic indicator provides insight into trade flows and commercial relationships between these 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 series represents the total value of all exported products and services from Idaho to Brunei Darussalam. It is part of a broader set of state-level export data collected by the U.S. Census Bureau to track the geographic distribution of U.S. merchandise exports.
Methodology
The data is compiled from surveys of exporters and customs documents filed with the U.S. government.
Historical Context
Economists and policymakers use this metric to analyze trade patterns and the commercial ties between the U.S. and its international partners.
Key Facts
- Idaho's exports to Brunei were valued at $2.4 million in 2021.
- Brunei is a small but wealthy Southeast Asian nation with a population of just 428,000.
- The top exported products from Idaho to Brunei include machinery, chemicals, and computer equipment.
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 Idaho to the country of Brunei Darussalam.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial ties between Idaho and Brunei, which is valuable information for economists, policymakers, and businesses.
Q: How is this data collected or calculated?
A: The data is compiled from surveys of exporters and customs documents filed with the U.S. government.
Q: How is this trend used in economic policy?
A: Analysts and policymakers use this metric to understand trade patterns and the strength of commercial relationships between U.S. states and international partners.
Q: Are there update delays or limitations?
A: There may be delays of several months in the reporting of this state-level export data due to the time required for collection and compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Brunei Darussalam from Idaho (IDBRNA052SCEN), retrieved from FRED.