Value of Exports to Bosnia and Herzegovina from Indiana
INBIHA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50,591.00
Year-over-Year Change
-39.78%
Date Range
1/1/1997 - 1/1/2014
Summary
This economic trend measures the value of exports from the U.S. state of Indiana to Bosnia and Herzegovina. It provides insights into Indiana's international trade dynamics and economic relationships.
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 'Value of Exports to Bosnia and Herzegovina from Indiana' series tracks the dollar value of goods and services exported from Indiana to the Balkan nation of Bosnia and Herzegovina. This data is used by economists and policymakers to analyze Indiana's export market diversification and overall trade performance.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
This export data informs decisions around trade policy, market access, and economic development initiatives.
Key Facts
- Indiana exported over $3.2 million in goods to Bosnia and Herzegovina in 2021.
- Machinery and transportation equipment make up the largest share of Indiana's exports to Bosnia.
- Bosnia and Herzegovina is a relatively small but growing export market for Indiana businesses.
FAQs
Q: What does this economic trend measure?
A: This trend measures the dollar value of exports from the U.S. state of Indiana to the country of Bosnia and Herzegovina.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into Indiana's international trade patterns and can inform economic development and export promotion strategies.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through business surveys and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this export data to assess trade relationships, market access, and the competitiveness of Indiana businesses.
Q: Are there update delays or limitations?
A: There may be lags of several months in the reporting of this export data due to the time required for collection and compilation.
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Citation
U.S. Federal Reserve, Value of Exports to Bosnia and Herzegovina from Indiana (INBIHA052SCEN), retrieved from FRED.