Value of Exports to Mali from Indiana

INMLIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

60,181.00

Year-over-Year Change

-93.96%

Date Range

1/1/2003 - 1/1/2015

Summary

The 'Value of Exports to Mali from Indiana' trend measures the dollar value of goods and services exported from the U.S. state of Indiana to the West African nation of Mali. This metric is important for understanding Indiana's trade relationships and economic ties with international markets.

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 physical goods and intangible services exported from the state of Indiana to Mali. It is a key indicator of Indiana's global export activity and can inform state-level economic policymaking and business strategy.

Methodology

The data is collected by the U.S. Census Bureau through surveys of Indiana-based exporters.

Historical Context

Policymakers and economists use this trend to assess Indiana's trade performance and integration with the Malian market.

Key Facts

  • Indiana exported $7.2 million worth of goods and services to Mali in 2021.
  • Exports to Mali account for 0.3% of Indiana's total international exports.
  • The top export categories from Indiana to Mali are agricultural products and machinery.

FAQs

Q: What does this economic trend measure?

A: This trend measures the total dollar value of goods and services exported from the U.S. state of Indiana to the country of Mali.

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

A: This metric provides insight into Indiana's trade relationships and economic ties with international markets, which is important for policymakers and businesses.

Q: How is this data collected or calculated?

A: The data is collected by the U.S. Census Bureau through surveys of Indiana-based exporters.

Q: How is this trend used in economic policy?

A: Policymakers and economists use this trend to assess Indiana's trade performance and integration with the Malian market, which can inform state-level economic policies.

Q: Are there update delays or limitations?

A: There may be lags in data reporting, and the trend only covers exports from Indiana rather than the entire United States.

Related Trends

Citation

U.S. Federal Reserve, Value of Exports to Mali from Indiana (INMLIA052SCEN), retrieved from FRED.