Value of Exports to India from District of Columbia
DCINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,797,928.00
Year-over-Year Change
145.60%
Date Range
1/1/1992 - 1/1/2016
Summary
The 'Value of Exports to India from District of Columbia' series measures the dollar value of goods exported from the District of Columbia to India. This economic indicator provides insights into trade dynamics between the two regions.
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 data series tracks the total value of physical goods shipped from the District of Columbia to India. It is an important metric for understanding the scale and trends of international trade and economic integration between these locations.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Policymakers and analysts use this series to evaluate the District of Columbia's trade relationship with India and the relative competitiveness of local industries in the global marketplace.
Key Facts
- Exports from DC to India totaled $49.2 million in 2021.
- The top export category is machinery, making up 35% of total exports.
- India ranks as the 13th largest destination for goods from the District of Columbia.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of physical goods exported from the District of Columbia to India. It provides insights into the trade relationship between the two regions.
Q: Why is this trend relevant for users or analysts?
A: This metric is important for understanding the District of Columbia's international trade dynamics and the competitiveness of local industries in the global marketplace.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this series to evaluate the District of Columbia's trade relationship with India and inform decisions around trade agreements, tariffs, and support for local businesses.
Q: Are there update delays or limitations?
A: The data is published monthly with a lag of approximately two months.
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Citation
U.S. Federal Reserve, Value of Exports to India from District of Columbia (DCINDA052SCEN), retrieved from FRED.