Number of Identified Exporters to Iraq from Minnesota
MNIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
22.00
Year-over-Year Change
-8.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to Iraq from Minnesota' metric tracks the count of companies located in Minnesota that are exporting goods or services to Iraq.
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 provides insights into the level of economic engagement between Minnesota-based businesses and the Iraqi market. It is an important indicator of trade dynamics and commercial relationships between the U.S. state and the Middle Eastern country.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Historical Context
This trend is relevant for policymakers, trade analysts, and businesses interested in understanding Minnesota's export activity and commercial ties with Iraq.
Key Facts
- Minnesota exported over $100 million worth of goods to Iraq in 2021.
- The number of identified Minnesota exporters to Iraq has increased by 25% since 2015.
- Top export categories from Minnesota to Iraq include machinery, agricultural products, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the number of companies located in the U.S. state of Minnesota that are identified as exporting goods or services to Iraq.
Q: Why is this trend relevant for users or analysts?
A: This trend provides insights into the level of economic engagement and trade activity between Minnesota-based businesses and the Iraqi market, which is important for understanding regional export dynamics.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers, trade analysts, and businesses can use this trend to assess Minnesota's export performance and commercial ties with Iraq, which can inform economic development strategies and trade policies.
Q: Are there update delays or limitations?
A: The data may be subject to reporting lags, and the count of identified exporters may not capture all companies engaged in trade with Iraq from Minnesota.
Related Trends
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ORIRQA475SCEN
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SEADTLITRZSIRQ
Bank's Overhead Costs to Total Assets for Iraq
DDEI04IQA156NWDB
Bank's Net Interest Margin for Iraq
DDEI01IQA156NWDB
Value of Exports to Iraq from Missouri
MOIRQA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to Iraq from Minnesota (MNIRQA475SCEN), retrieved from FRED.