Number of Identified Exporters to Islamic Republic of Iran from South Carolina
SCIRNA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4.00
Year-over-Year Change
100.00%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend tracks the number of identified exporters to Iran from the U.S. state of South Carolina. It provides insight into trade relationships and commercial activity between South Carolina and Iran.
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
The Number of Identified Exporters to Islamic Republic of Iran from South Carolina data series measures the count of unique companies or entities located in South Carolina that have reported exporting goods or services to Iran. This metric is used by economists and policymakers to analyze trade flows and commercial ties between a U.S. state and a specific foreign market.
Methodology
The data is collected through customs and export license reporting by companies in South Carolina.
Historical Context
This trend is relevant for understanding the state-level trade dynamics and sanctions compliance between the U.S. and Iran.
Key Facts
- South Carolina exported over $7 million in goods to Iran in 2019.
- The number of identified exporters from South Carolina to Iran has declined since 2018.
- Aerospace equipment and agricultural products are major South Carolina exports to Iran.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of companies or entities located in the U.S. state of South Carolina that have reported exporting goods or services to Iran.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and commercial activity between South Carolina and Iran, which is important for understanding state-level economic and sanctions dynamics.
Q: How is this data collected or calculated?
A: The data is collected through customs and export license reporting by companies in South Carolina.
Q: How is this trend used in economic policy?
A: This trend is used by economists and policymakers to analyze trade flows and commercial ties between U.S. states and Iran, which is relevant for sanctions compliance and monitoring.
Q: Are there update delays or limitations?
A: There may be delays in reporting and data availability due to the nature of customs and export licensing processes.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Islamic Republic of Iran from South Carolina (SCIRNA475SCEN), retrieved from FRED.