Value of Exports to Bermuda from Indiana
INBMUA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
4,238,788.00
Year-over-Year Change
-34.48%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Bermuda from Indiana' series measures the total dollar value of goods and services exported from the U.S. state of Indiana to the island nation of Bermuda. This metric is important for understanding Indiana's international trade dynamics and its economic relationship with Bermuda.
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 series tracks the monetary value of all products and services shipped from Indiana to Bermuda, regardless of the industry or commodity type. Analysts and policymakers use this data to assess Indiana's export performance and its relative importance as a trading partner with Bermuda.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade records.
Historical Context
This export data is used to inform trade policy decisions and monitor the health of Indiana's export-oriented industries.
Key Facts
- Indiana exported $36.2 million worth of goods to Bermuda in 2021.
- Bermuda was Indiana's 44th largest export destination in 2021.
- Indiana's top exports to Bermuda include machinery, vehicles, and pharmaceuticals.
FAQs
Q: What does this economic trend measure?
A: This series measures the total dollar value of goods and services exported from the U.S. state of Indiana to the island nation of Bermuda.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Indiana's international trade dynamics and its economic relationship with Bermuda.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs declarations and other international trade records.
Q: How is this trend used in economic policy?
A: This export data is used to inform trade policy decisions and monitor the health of Indiana's export-oriented industries.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a 1-2 month reporting lag.
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Citation
U.S. Federal Reserve, Value of Exports to Bermuda from Indiana (INBMUA052SCEN), retrieved from FRED.