Value of Exports to Iraq from Nebraska
NEIRQA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
82,706.00
Year-over-Year Change
74.22%
Date Range
1/1/2006 - 1/1/2016
Summary
The 'Value of Exports to Iraq from Nebraska' measures the dollar value of goods and services exported from the state of Nebraska to Iraq. This metric is important for economists and policymakers to understand regional trade patterns and the impacts of economic and geopolitical events.
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 total value of exports originating from Nebraska that are destined for Iraq. It provides insight into the commercial relationship between the state and this key Middle Eastern market, which can have implications for Nebraska's industries, employment, and overall economic performance.
Methodology
The data is collected through customs declarations and surveys of exporting businesses.
Historical Context
Policymakers use this metric to evaluate the effects of trade agreements, sanctions, and other factors on Nebraska's export activity.
Key Facts
- Nebraska's exports to Iraq peaked in 2013 at $275 million.
- Machinery and agricultural products make up the majority of Nebraska's exports to Iraq.
- Iraq was Nebraska's 10th largest export market in 2021.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of Nebraska to the country of Iraq.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Nebraska's trade relationship with Iraq, which can have important implications for the state's industries, employment, and overall economic performance.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to evaluate the effects of trade agreements, sanctions, and other factors on Nebraska's export activity to Iraq.
Q: Are there update delays or limitations?
A: There may be lags in data reporting and potential limitations in capturing all export activity.
Related Trends
Number of Identified Exporters to Iraq from Maryland
MDIRQA475SCEN
Geographical Outreach: Key Indicators ATMs Per 100,000 Adults for Iraq
IRQFCAANUM
Number of Identified Exporters to Iraq from Idaho
IDIRQA475SCEN
Geographical Outreach: Number of Branches, Excluding Headquarters, for Other Deposit Takers for Iraq
IRQFCBODDNUM
Value of Exports to Iraq from West Virginia
WVIRQA052SCEN
Number of Identified Exporters to Iraq from South Carolina
SCIRQA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to Iraq from Nebraska (NEIRQA052SCEN), retrieved from FRED.