Value of Exports to India from Arizona
AZINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
115,201,946.00
Year-over-Year Change
34.30%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Arizona' metric tracks the dollar value of goods and services exported from the state of Arizona to India. This provides important insights into Arizona's trade relationship with a major international market.
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 indicator measures the total value of exports originating from Arizona businesses and shipped to customers in India. It represents a key component of Arizona's international trade and can be used to analyze trends in the state's export-oriented industries and their engagement with the Indian market.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Historical Context
Policymakers and economists monitor this trend to understand Arizona's export performance and competitiveness in the Indian market.
Key Facts
- Arizona exported $1.3 billion worth of goods and services to India in 2021.
- India was Arizona's 5th largest export destination in 2021.
- Computer and electronic products are Arizona's top exports to India.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of exports originating from businesses located in Arizona and shipped to customers in India.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Arizona's export value to India provides insights into the state's trade relationship with a major international market and the performance of its export-oriented industries.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this metric to understand Arizona's export competitiveness and dynamics in the Indian market, which can inform trade policies and economic development strategies.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month lag and may be subject to revisions based on updated information from businesses and customs authorities.
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Citation
U.S. Federal Reserve, Value of Exports to India from Arizona (AZINDA052SCEN), retrieved from FRED.