Value of Exports to India from Idaho
IDINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
43,621,405.00
Year-over-Year Change
361.33%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Idaho' measures the total dollar value of goods and services exported from the U.S. state of Idaho to India. This metric is important for understanding trade dynamics and the economic relationship between Idaho and the Indian 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 series represents the total value of merchandise and services exported from the state of Idaho to India. It is a key indicator of Idaho's trade engagement with the world's second-largest economy and can provide insights into the competitiveness of Idaho's exports and the state's economic integration with global markets.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Historical Context
Policymakers and economists use this data to assess Idaho's export performance and the state's economic ties with India.
Key Facts
- Idaho's exports to India were valued at $XXX million in the latest year.
- India is Idaho's Xth largest export market, accounting for X% of the state's total exports.
- The value of Idaho's exports to India has grown by X% over the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This series measures the total value of goods and services exported from the U.S. state of Idaho to India. It provides insights into Idaho's trade relationship with the Indian market.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding Idaho's export performance and economic integration with the global economy, particularly the fast-growing Indian market.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and other sources.
Q: How is this trend used in economic policy?
A: Policymakers and economists use this data to assess Idaho's export competitiveness and the state's economic ties with India, which can inform trade, investment, and economic development policies.
Q: Are there update delays or limitations?
A: The data is published with a short lag, typically 1-2 months after the end of the reference period. There may be revisions to earlier data points as more complete information becomes available.
Related Trends
Value of Exports to India from Alaska
AKINDA052SCEN
Value of Exports to India from Virginia
VAINDA052SCEN
Number of Identified Exporters to India from Oregon
ORINDA475SCEN
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INDPCPIPCPPPT
Number of Identified Exporters to India from South Carolina
SCINDA475SCEN
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INDCP060000GYM
Citation
U.S. Federal Reserve, Value of Exports to India from Idaho (IDINDA052SCEN), retrieved from FRED.