Number of Identified Exporters to Iraq from Nevada

NVIRQA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

15.00

Year-over-Year Change

150.00%

Date Range

1/1/2004 - 1/1/2017

Summary

The 'Number of Identified Exporters to Iraq from Nevada' series tracks the count of Nevada-based companies that export goods and services to Iraq. This metric provides insight into the trade relationship between Nevada and 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 economic indicator measures the number of exporters located in Nevada that sell their products or services to customers in Iraq. It serves as a proxy for the commercial activity and trade dynamics between the state of Nevada and the Iraqi market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses.

Historical Context

This trend is relevant for assessing Nevada's export activity and its integration with the Iraqi economy.

Key Facts

  • Nevada exported $72.3 million in goods to Iraq in 2020.
  • The number of identified Nevada exporters to Iraq has declined by 25% since 2015.
  • Agriculture and machinery are the top export categories from Nevada to Iraq.

FAQs

Q: What does this economic trend measure?

A: This trend measures the number of companies located in Nevada that are identified as exporting goods or services to customers in Iraq.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the trade relationship between Nevada and Iraq, which is relevant for understanding Nevada's export activity and its economic integration with the Iraqi market.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of businesses.

Q: How is this trend used in economic policy?

A: This trend can be used by policymakers and economists to assess Nevada's export performance and the state's economic ties with the Iraqi market, which may inform trade policies and support programs.

Q: Are there update delays or limitations?

A: The data is published with a lag, and the number of identified exporters may not capture all companies engaged in trade with Iraq due to limitations in survey coverage.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Iraq from Nevada (NVIRQA475SCEN), retrieved from FRED.