Value of Exports to Islamic Republic of Iran from New York
NYIRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,365,470.00
Year-over-Year Change
4020.61%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to Islamic Republic of Iran from New York' metric tracks the dollar value of goods exported from the state of New York to Iran. This provides insight into trade flows and economic relations between the two regions.
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 data series measures the monetary value of physical goods and commodities shipped from businesses and entities located in New York to the Islamic Republic of Iran. It is an important indicator of the trade dynamics and commercial ties between the state and this major Middle Eastern economy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and shipping manifests.
Historical Context
Policymakers and analysts use this metric to monitor the impact of economic sanctions, trade agreements, and geopolitical events on commercial activity.
Key Facts
- New York is a major exporting hub for the United States.
- Iran was a top trading partner for New York prior to the implementation of economic sanctions.
- Exports from New York to Iran have declined significantly in recent decades due to geopolitical tensions.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the monetary value of physical goods and commodities exported from businesses and entities located in the state of New York to the Islamic Republic of Iran.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the trade dynamics and commercial ties between New York and Iran, which is useful for policymakers, economists, and businesses monitoring the impacts of economic sanctions, trade agreements, and geopolitical events.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and shipping manifests.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this metric to monitor the impact of economic sanctions, trade agreements, and geopolitical events on commercial activity between New York and Iran.
Q: Are there update delays or limitations?
A: There may be delays in data reporting and potential limitations in capturing all export activity, as the data relies on voluntary reporting by businesses.
Related Trends
Remittance Inflows to GDP for Islamic Republic of Iran
DDOI11IRA156NWDB
Value of Exports to Islamic Republic of Iran from Oklahoma
OKIRNA052SCEN
Value of Exports to Islamic Republic of Iran from Tennessee
TNIRNA052SCEN
Amount Outstanding Due within One Year of International Debt Securities for Non-financial Corporations Sector, Residence of Issuer in Iran
IDS1YMAORINCIR
Number of Identified Exporters to Islamic Republic of Iran from Louisiana
LAIRNA475SCEN
Private Credit by Deposit Money Banks to GDP for Islamic Republic of Iran
DDDI01IRA156NWDB
Citation
U.S. Federal Reserve, Value of Exports to Islamic Republic of Iran from New York (NYIRNA052SCEN), retrieved from FRED.