Value of Exports to Hong Kong from Idaho
IDHKGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82,133,706.00
Year-over-Year Change
298.34%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Hong Kong from Idaho' metric tracks the total dollar value of goods and services exported from the U.S. state of Idaho to the Special Administrative Region of Hong Kong. This data provides insights into Idaho's international trade and economic ties with a major East Asian market.
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 series represents the value of all merchandise and services exported from the state of Idaho to Hong Kong, a key trading partner. The data is useful for analyzing Idaho's export-driven economic activity and competitiveness in global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Policymakers and economists use this metric to assess Idaho's trade dynamics and the state's economic integration with the Asia-Pacific region.
Key Facts
- Idaho exported over $300 million in goods and services to Hong Kong in 2021.
- Hong Kong was Idaho's 4th largest export destination in 2021.
- Idaho's top exports to Hong Kong include agricultural products, machinery, and electronics.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of merchandise and services exported from the U.S. state of Idaho to the Hong Kong Special Administrative Region.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Idaho's international trade dynamics and economic ties with a major Asia-Pacific market, which is useful for policymakers and economists.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Idaho's export performance and trade integration with the Asia-Pacific region.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the series does not provide a comprehensive view of all trade flows between Idaho and Hong Kong.
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Citation
U.S. Federal Reserve, Value of Exports to Hong Kong from Idaho (IDHKGA052SCEN), retrieved from FRED.