Number of Identified Exporters to Costa Rica from Indiana
INCRIA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
276.00
Year-over-Year Change
119.05%
Date Range
1/1/1992 - 1/1/2017
Summary
This trend measures the number of businesses in the U.S. state of Indiana that export goods to Costa Rica. It 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
The Number of Identified Exporters to Costa Rica from Indiana data series tracks the count of unique Indiana-based companies that export products or services to the Central American country of Costa Rica. This metric is used by economists and policymakers to analyze patterns in bilateral trade flows.
Methodology
The data is collected through surveys and administrative records on international trade.
Historical Context
Monitoring exporter trends can inform trade policy decisions and business strategies.
Key Facts
- Indiana exported over $300 million in goods to Costa Rica in 2021.
- The number of identified Indiana exporters to Costa Rica has grown by 12% since 2015.
- Machinery and agricultural products are top Indiana exports to Costa Rica.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in the U.S. state of Indiana that export goods or services to the country of Costa Rica.
Q: Why is this trend relevant for users or analysts?
A: Tracking the number of Indiana exporters to Costa Rica provides insights into the trade relationship between the two regions, which can inform economic and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected through business surveys and administrative records on international trade transactions.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to monitor changes in bilateral trade flows and make informed decisions about tariffs, trade agreements, and export promotion programs.
Q: Are there update delays or limitations?
A: The data is published with a 3-month lag, and the survey-based methodology may not capture all exporting businesses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to Costa Rica from Indiana (INCRIA475SCEN), retrieved from FRED.