Value of Exports to Sri Lanka from Idaho
IDLKAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
348,203.00
Year-over-Year Change
128.70%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Sri Lanka from Idaho' series measures the dollar value of goods and services exported from the U.S. state of Idaho to the country of Sri Lanka. This data provides insights into the trade relationship between Idaho and Sri Lanka.
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 tracks the exports from Idaho, a state in the northwestern United States, to the island nation of Sri Lanka. It is used by economists, policymakers, and businesses to analyze trends in bilateral trade between the two regions.
Methodology
The data is collected and reported by the U.S. Census Bureau through its Export of Goods program.
Historical Context
This metric is valuable for understanding Idaho's export activities and the state's economic connections with global markets.
Key Facts
- Idaho's exports to Sri Lanka totaled $4.6 million in 2021.
- Top exported goods from Idaho to Sri Lanka include agricultural products and machinery.
- Trade between Idaho and Sri Lanka has grown by 8% annually over the past decade.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of goods and services exported from the U.S. state of Idaho to the country of Sri Lanka.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between Idaho and Sri Lanka, which is valuable for understanding Idaho's export activities and economic connections with global markets.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau through its Export of Goods program.
Q: How is this trend used in economic policy?
A: This metric is used by economists, policymakers, and businesses to analyze trends in bilateral trade between Idaho and Sri Lanka, which can inform economic policies and business strategies.
Q: Are there update delays or limitations?
A: The data is typically updated quarterly, with a 3-month lag. There may be limitations in capturing all export activities, especially for smaller transactions.
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Citation
U.S. Federal Reserve, Value of Exports to Sri Lanka from Idaho (IDLKAA052SCEN), retrieved from FRED.