Value of Exports to Ecuador from Idaho

IDECUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

1,284,743.00

Year-over-Year Change

72.66%

Date Range

1/1/1997 - 1/1/2017

Summary

This economic trend measures the value of exports from the U.S. state of Idaho to Ecuador. It provides important insights into trade flows and economic relationships between Idaho and Ecuador.

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 Ecuador from Idaho series tracks the total dollar value of goods and services exported from Idaho to Ecuador. This data is used by economists, policymakers, and businesses to analyze trade patterns and the economic ties between the two regions.

Methodology

The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Historical Context

This trend is relevant for understanding Idaho's export-driven economy and Ecuador's trading relationships with U.S. states.

Key Facts

  • Idaho exported $58.3 million worth of goods and services to Ecuador in 2021.
  • Ecuador was Idaho's 38th largest export destination in 2021.
  • Agricultural products make up a significant portion of Idaho's exports to Ecuador.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of exports from the U.S. state of Idaho to Ecuador. It provides insights into the trade relationship between the two regions.

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

A: This trend is important for understanding Idaho's export-driven economy and the economic ties between Idaho and Ecuador. It helps analysts and policymakers assess trade patterns and the impacts of economic policies.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.

Q: How is this trend used in economic policy?

A: This trend is used by economists, trade analysts, and policymakers to evaluate the impacts of trade agreements, tariffs, and other economic policies on the flow of goods and services between Idaho and Ecuador.

Q: Are there update delays or limitations?

A: The data is typically published with a 1-2 month delay. There may also be limitations in capturing all export activity, especially for smaller companies.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Ecuador from Idaho (IDECUA052SCEN), retrieved from FRED.