Value of Exports to Papua New Guinea from Indiana
INPNGA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
229,094.00
Year-over-Year Change
-48.09%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to Papua New Guinea from Indiana' metric tracks the dollar value of goods exported from the U.S. state of Indiana to the country of Papua New Guinea. This provides insight into Indiana's economic trade relationship with a key partner in the Asia-Pacific region.
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 data series measures the monthly value of merchandise exports from the state of Indiana to Papua New Guinea. It is used by economists and policymakers to analyze Indiana's trade flows, export competitiveness, and economic integration with major international markets.
Methodology
The data is collected by the U.S. Census Bureau through mandatory reporting by exporters.
Historical Context
This metric is relevant for understanding Indiana's trade position and commercial ties within the broader U.S.-Papua New Guinea economic relationship.
Key Facts
- Indiana's exports to Papua New Guinea totaled $2.3 million in 2021.
- Machinery and equipment are key export categories from Indiana to Papua New Guinea.
- Papua New Guinea is a growing market for Indiana exporters, with trade increasing in recent years.
FAQs
Q: What does this economic trend measure?
A: This data series tracks the monthly dollar value of merchandise exports from the U.S. state of Indiana to the country of Papua New Guinea.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into Indiana's economic trade relationship and integration with a key Asia-Pacific market, which is useful for policymakers and businesses analyzing state-level export performance.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through mandatory reporting requirements for exporters.
Q: How is this trend used in economic policy?
A: This export data is used by economists, trade analysts, and policymakers to assess Indiana's competitiveness and integration within the broader U.S.-Papua New Guinea commercial relationship.
Q: Are there update delays or limitations?
A: There may be some time lags in the monthly reporting of this data by the Census Bureau.
Related Trends
Amount Outstanding of International Debt Securities for All Issuers, All Maturities, Residence of Issuer in Papua New Guinea
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Number of Listed Companies for Papua New Guinea
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Geographical Outreach: Number of Institutions, Other Depository Corporations, Deposit Taking Microfinance Institutions (MFIs) for Papua New Guinea
PNGFCIODMFNUM
Non-Life Insurance Premium Volume to GDP for Papua New Guinea
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Value of Exports to Papua New Guinea from Michigan
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Gross National Income for Papua New Guinea
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Citation
U.S. Federal Reserve, Value of Exports to Papua New Guinea from Indiana (INPNGA052SCEN), retrieved from FRED.