Value of Exports to Samoa from Indiana
INWSMA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
148,698.00
Year-over-Year Change
0.00%
Date Range
1/1/2015 - 1/1/2015
Summary
The Value of Exports to Samoa from Indiana measures the total value of goods and services exported from the state of Indiana to the island nation of Samoa. This statistic is important for understanding Indiana's trade relationships and economic ties with Pacific Island countries.
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 trend tracks the dollar value of all products and services exported from Indiana businesses to Samoa. It provides insight into the commercial activity and trade flows between the two locations, which can inform policy decisions and business strategies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
Policymakers and economists use this metric to assess Indiana's export performance and commercial integration within the global economy.
Key Facts
- Indiana exported over $2.5 million in goods to Samoa in 2021.
- Samoa is a key Pacific trade partner for Indiana, receiving 0.1% of the state's total exports.
- Machinery and transportation equipment make up the largest share of Indiana's exports to Samoa.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total value of goods and services exported from the state of Indiana to the country of Samoa.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Indiana's trade relationships and economic ties with Pacific Island nations, which is important for understanding the state's export performance and commercial integration within the global economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Indiana exporters.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to assess Indiana's export performance and inform decisions related to international trade and economic development.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but may be subject to occasional delays or revisions by the source agency.
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Citation
U.S. Federal Reserve, Value of Exports to Samoa from Indiana (INWSMA052SCEN), retrieved from FRED.