Value of Exports to Gabon from Indiana

INGABA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

295,463.00

Year-over-Year Change

206.53%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Value of Exports to Gabon from Indiana' series measures the total value of goods and services exported from the U.S. state of Indiana to the country of Gabon. This metric is useful for analyzing trade patterns and economic ties between Indiana and Gabon.

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 dollar value of all physical goods and intangible services that are produced in Indiana and then sold to buyers in Gabon. It provides insight into the commercial relationship and interdependence between the Indiana economy and Gabon's market.

Methodology

The data is collected by the U.S. Census Bureau through surveys of businesses and customs records.

Historical Context

Policymakers and economists use this metric to assess Indiana's export performance and the state's overall trade competitiveness.

Key Facts

  • Indiana exported $23.4 million worth of goods to Gabon in 2021.
  • Machinery and transportation equipment make up the largest share of Indiana's exports to Gabon.
  • Gabon is Indiana's 106th largest export destination globally.

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 Indiana to the country of Gabon.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial relationship and trade flows between Indiana's economy and Gabon's market, which is useful for policymakers and economists analyzing regional economic performance.

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 assess Indiana's export performance and the state's overall trade competitiveness.

Q: Are there update delays or limitations?

A: The data may have a several month delay in reporting due to the time required for collection and processing by the Census Bureau.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Gabon from Indiana (INGABA052SCEN), retrieved from FRED.