Value of Exports to Russia from Idaho
IDRUSA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,318,954.00
Year-over-Year Change
50.73%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Russia from Idaho' trend measures the dollar value of goods and services exported from the U.S. state of Idaho to Russia. This metric provides insight into Idaho's trade relationship and economic ties with the Russian 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 data series tracks the total value of exports originating from Idaho and destined for Russia. It is an important indicator of Idaho's export activity and economic integration with the Russian economy. Policymakers and trade analysts use this information to monitor changes in Idaho's trade flows and the state's economic exposure to the Russian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This trend is relevant for understanding Idaho's trade profile, as well as the broader commercial relationship between the United States and Russia.
Key Facts
- Idaho is a major agricultural exporter to Russia.
- Exports to Russia account for a small but meaningful share of Idaho's total exports.
- Trade with Russia represents an important economic link for Idaho businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Idaho to Russia.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Idaho's trade relationship and economic ties with the Russian market, which is important for understanding the state's export activity and exposure to the Russian economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this information to monitor changes in Idaho's trade flows and the state's economic exposure to the Russian market.
Q: Are there update delays or limitations?
A: The data may be subject to periodic revisions and updates by the U.S. Census Bureau.
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Citation
U.S. Federal Reserve, Value of Exports to Russia from Idaho (IDRUSA052SCEN), retrieved from FRED.