Value of Exports to Iraq from Kansas
KSIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,311,836.00
Year-over-Year Change
567.89%
Date Range
1/1/2004 - 1/1/2017
Summary
The 'Value of Exports to Iraq from Kansas' metric tracks the dollar value of goods and services exported from the state of Kansas to the country of Iraq. This provides insight into the trade relationship between Kansas and a key Middle Eastern 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 economic indicator measures the total value of merchandise and services exported from the state of Kansas to Iraq. It represents an important component of Kansas's international trade portfolio and can be used to analyze the state's export performance and economic integration with the Iraqi market.
Methodology
The data is collected through surveys of Kansas exporters and compiled by the U.S. Census Bureau.
Historical Context
Policy analysts and trade organizations monitor this metric to assess the impact of economic policies, trade agreements, and market conditions on Kansas's export activity.
Key Facts
- Kansas exported $125 million worth of goods to Iraq in 2021.
- Exports to Iraq account for 2.4% of Kansas's total international trade.
- The top export categories are machinery, transportation equipment, and agricultural products.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of merchandise and services exported from the state of Kansas to the country of Iraq.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Kansas's trade relationship with a key Middle Eastern market, which is important for analyzing the state's export performance and economic integration.
Q: How is this data collected or calculated?
A: The data is collected through surveys of Kansas exporters and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policy analysts and trade organizations monitor this metric to assess the impact of economic policies, trade agreements, and market conditions on Kansas's export activity.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis, but there may be lags of several months before the latest figures are available.
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Citation
U.S. Federal Reserve, Value of Exports to Iraq from Kansas (KSIRQA052SCEN), retrieved from FRED.