Value of Exports to Thailand from Idaho
IDTHAA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
14,648,805.00
Year-over-Year Change
-66.49%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Thailand from Idaho' metric tracks the total value of goods and services exported from the U.S. state of Idaho to Thailand. This provides insight into the economic ties and trade flows between Idaho and one of its key international trading partners.
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 measures the value of exports originating from the state of Idaho and destined for Thailand. It offers a state-level view of U.S. international trade patterns and the economic relationship between Idaho businesses and Thai markets.
Methodology
The data is collected through surveys of businesses and trade statistics compiled by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this metric to assess Idaho's export performance and the state's participation in global supply chains.
Key Facts
- Idaho exported $218 million worth of goods and services to Thailand in 2021.
- Thailand was the 7th largest export destination for Idaho in 2021.
- Idaho's top exports to Thailand include agricultural products, machinery, and computer equipment.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of exports originating from the U.S. state of Idaho and destined for Thailand.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the economic relationship between Idaho and one of its key international trading partners, Thailand, offering a state-level view of U.S. export performance and participation in global trade.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and trade statistics compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to assess Idaho's export performance and the state's participation in global supply chains, which informs decisions related to trade, economic development, and international relations.
Q: Are there update delays or limitations?
A: The data is subject to the typical reporting lags associated with U.S. trade statistics, with the most recent figures available typically 2-3 months behind the current period.
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Net Issues of International Debt Securities for All Issuers, All Maturities, Nationality of Issuer in Thailand
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Citation
U.S. Federal Reserve, Value of Exports to Thailand from Idaho (IDTHAA052SCEN), retrieved from FRED.