Value of Exports to India from Kansas
KSINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
40,007,254.00
Year-over-Year Change
-51.89%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Kansas' series measures the total value of goods and services exported from the state of Kansas to India. This metric is important for understanding trade flows and economic relationships between 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
This data series tracks the monetary value of all exports originating from Kansas businesses and destined for India. It provides insight into the commercial activity and economic interdependence between the state and this major international trading partner.
Methodology
The data is collected and reported by the U.S. Census Bureau through surveys of Kansas exporters.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Kansas-India economic ties and the impact of trade policies.
Key Facts
- Kansas exported $1.2 billion worth of goods to India in 2021.
- India was the 3rd largest destination for Kansas exports in 2021.
- Agriculture products make up over 60% of Kansas exports to India.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total monetary value of all goods and services exported from the state of Kansas to India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship and economic interdependence between Kansas and India, a key international trading partner.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of Kansas-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this series to assess the strength of Kansas-India economic ties and the impact of trade policies.
Q: Are there update delays or limitations?
A: The data is released on a monthly basis with a 2-3 month lag, so it may not reflect the most recent trade activity.
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Citation
U.S. Federal Reserve, Value of Exports to India from Kansas (KSINDA052SCEN), retrieved from FRED.