Value of Exports to Costa Rica from Idaho

IDCRIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,914,104.00

Year-over-Year Change

38.96%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Costa Rica from Idaho' trend measures the total dollar value of goods and services exported from the U.S. state of Idaho to Costa Rica. This metric is important for economists and policymakers to understand regional trade dynamics and the impacts of economic policy.

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 total value of exports originating from Idaho and destined for Costa Rica. It provides insight into the trade relationship between the two locations and can indicate the relative economic importance of this export market for Idaho businesses and industries.

Methodology

The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Historical Context

Policymakers and analysts use this metric to evaluate the effectiveness of trade agreements and policies in promoting state-level exports.

Key Facts

  • Idaho's top exports to Costa Rica include agricultural products and machinery.
  • Costa Rica was Idaho's 22nd largest export market in 2021.
  • Export values from Idaho to Costa Rica have grown by over 50% in the past decade.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total value of goods and services exported from the U.S. state of Idaho to Costa Rica.

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

A: This metric provides insight into the trade relationship between Idaho and Costa Rica, which is important for evaluating the effectiveness of economic and trade policies.

Q: How is this data collected or calculated?

A: The data is collected and reported by the U.S. Census Bureau through its state-level export statistics program.

Q: How is this trend used in economic policy?

A: Policymakers and analysts use this metric to assess the impact of trade agreements and policies on state-level exports.

Q: Are there update delays or limitations?

A: The data is subject to the reporting timelines and availability of the U.S. Census Bureau's state export statistics.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Costa Rica from Idaho (IDCRIA052SCEN), retrieved from FRED.