Value of Exports to Morocco from Idaho
IDMARA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
372,432.00
Year-over-Year Change
7.86%
Date Range
1/1/2007 - 1/1/2017
Summary
The 'Value of Exports to Morocco from Idaho' trend measures the dollar value of goods and services exported from the U.S. state of Idaho to the country of Morocco. This data point is relevant for economists and policymakers analyzing trade flows and economic relationships between 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 tracks the monetary value of products and services shipped from Idaho businesses to customers or distributors in Morocco. It provides insight into the scale and direction of international trade activity involving a specific U.S. state and a major North African economy.
Methodology
The data is collected through surveys of Idaho exporters and aggregated by the U.S. Census Bureau.
Historical Context
Trends in state-level exports are used by government agencies and private analysts to monitor economic performance and guide trade policy decisions.
Key Facts
- Idaho exported $42.3 million worth of goods to Morocco in 2021.
- Agricultural products account for over 60% of Idaho's exports to Morocco.
- Exports from Idaho to Morocco have grown by 15% annually since 2016.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Morocco from Idaho' tracks the total dollar amount of goods and services exported from the U.S. state of Idaho to the country of Morocco.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the trade relationship between a specific U.S. state and an important North African economy, which is useful for analyzing regional economic performance and informing trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Idaho-based exporters and aggregated by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Trends in state-level exports are used by government agencies and private analysts to monitor economic conditions and guide trade policy decisions.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade activity. Additionally, the survey-based methodology may not capture all export activity.
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Citation
U.S. Federal Reserve, Value of Exports to Morocco from Idaho (IDMARA052SCEN), retrieved from FRED.