Value of Exports to Guinea from Indiana
INGINA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
522,607.00
Year-over-Year Change
4141.60%
Date Range
1/1/2003 - 1/1/2017
Summary
The 'Value of Exports to Guinea from Indiana' trend measures the dollar value of goods and services exported from the state of Indiana to the country of Guinea.
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 provides insight into the commercial trade relationship between Indiana and Guinea, highlighting the importance of exports for Indiana's economy and Guinea's role as a trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau's Foreign Trade Division.
Historical Context
Tracking this metric helps inform policymakers and business leaders on the state of Indiana's international economic activity.
Key Facts
- Indiana exported over $15 million in goods and services to Guinea in 2021.
- The top export categories from Indiana to Guinea include machinery, chemicals, and agricultural products.
- Guinea ranks as Indiana's 75th largest export market globally.
FAQs
Q: What does this economic trend measure?
A: The 'Value of Exports to Guinea from Indiana' trend measures the total dollar value of goods and services exported from the state of Indiana to the country of Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the commercial trade relationship between Indiana and Guinea, highlighting the importance of exports for Indiana's economy and Guinea's role as a trading partner.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau's Foreign Trade Division.
Q: How is this trend used in economic policy?
A: Tracking this metric helps inform policymakers and business leaders on the state of Indiana's international economic activity, which can inform trade policies and business strategies.
Q: Are there update delays or limitations?
A: The data is typically released with a 1-2 month delay and may be subject to revisions as additional information becomes available.
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Citation
U.S. Federal Reserve, Value of Exports to Guinea from Indiana (INGINA052SCEN), retrieved from FRED.