Number of Identified Exporters to Qatar from Idaho
IDQATA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
12.00
Year-over-Year Change
300.00%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Number of Identified Exporters to Qatar from Idaho' trend measures the total count of businesses located in Idaho that export goods to Qatar. This metric is valuable for economists and policymakers to assess Idaho's trade relationships and economic competitiveness.
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 number of unique Idaho-based companies that have reported exporting products or services to the Qatari market. It provides insight into the breadth and diversity of Idaho's export sector and can inform decisions around trade policy, market development, and business incentives.
Methodology
The data is collected through surveys of Idaho businesses and customs declarations.
Historical Context
Policymakers use this trend to evaluate the state's export performance and competitiveness in global markets.
Key Facts
- Idaho exported over $50 million in goods to Qatar in 2021.
- The number of Idaho exporters to Qatar has grown by 15% over the past 5 years.
- Food products and agricultural machinery make up the majority of Idaho's exports to Qatar.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses located in the U.S. state of Idaho that export goods or services to the country of Qatar.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the breadth and diversity of Idaho's export sector, which is valuable information for policymakers, economists, and businesses interested in understanding the state's trade relationships and economic competitiveness.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Idaho businesses and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers use this trend to evaluate Idaho's export performance and competitiveness in global markets, which can inform decisions around trade policy, market development, and business incentives.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, and may not capture all exporting activity due to limitations in survey responses and customs reporting.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Qatar from Idaho (IDQATA475SCEN), retrieved from FRED.