Value of Exports to Islamic Republic of Iran from Pennsylvania
PAIRNA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,309,751.00
Year-over-Year Change
-97.93%
Date Range
1/1/1992 - 1/1/2015
Summary
The 'Value of Exports to Islamic Republic of Iran from Pennsylvania' measures the dollar value of goods exported from the U.S. state of Pennsylvania to Iran. This metric is important for economists and policymakers to track trade flows and assess the impact of economic sanctions.
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 merchandise exported from Pennsylvania to Iran. It provides insight into the commercial relationship between the state and the Middle Eastern country, which has been subject to extensive U.S. trade restrictions in recent decades.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters.
Historical Context
Policymakers use this metric to evaluate the efficacy of sanctions and trade policies.
Key Facts
- Pennsylvania is a major exporting state in the U.S.
- Trade with Iran has been limited by U.S. sanctions since the 1970s.
- The value of exports can fluctuate significantly year-over-year.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of merchandise exported from the U.S. state of Pennsylvania to the Islamic Republic of Iran.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the commercial relationship between Pennsylvania and Iran, which is important for evaluating the impact of U.S. economic sanctions.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Policymakers use this metric to assess the effectiveness of trade restrictions and sanctions between the U.S. and Iran.
Q: Are there update delays or limitations?
A: There may be lags in data reporting, and the value can fluctuate significantly based on trade policy changes.
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Citation
U.S. Federal Reserve, Value of Exports to Islamic Republic of Iran from Pennsylvania (PAIRNA052SCEN), retrieved from FRED.