Value of Exports to Switzerland from Indiana
INCHEA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
167,312,572.00
Year-over-Year Change
-19.65%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Switzerland from Indiana' series measures the total value of goods and services exported from the state of Indiana to Switzerland. This metric is relevant for economists and policymakers to understand Indiana's trade dynamics and bilateral economic relationships.
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 tracks the monetary value of all products and services exported from Indiana businesses and industries to Switzerland. It provides insight into the strength of Indiana's export sector and the state's economic ties with the Swiss market.
Methodology
The data is collected and calculated by the U.S. Census Bureau through surveys of Indiana exporters.
Historical Context
This export value data can inform trade policy decisions and help Indiana firms assess market opportunities in Switzerland.
Key Facts
- Indiana exported over $600 million in goods and services to Switzerland in 2021.
- Switzerland is Indiana's 11th largest export destination globally.
- Indiana's top exports to Switzerland include pharmaceuticals, motor vehicle parts, and medical equipment.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of all products and services exported from businesses and industries located in the state of Indiana to Switzerland.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into Indiana's trade dynamics and the strength of its export sector, which is valuable information for economists, policymakers, and businesses assessing market opportunities.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Indiana exporters.
Q: How is this trend used in economic policy?
A: This export value data can inform trade policy decisions and help Indiana firms evaluate the Swiss market for potential new business opportunities.
Q: Are there update delays or limitations?
A: The data is published with a lag, so the most recent figures may not reflect the current economic situation. There may also be limitations in capturing all export activity from the state.
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Citation
U.S. Federal Reserve, Value of Exports to Switzerland from Indiana (INCHEA052SCEN), retrieved from FRED.