Number of Identified Exporters to India from Montana
MTINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
36.00
Year-over-Year Change
260.00%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Montana' trend measures the total number of businesses and individuals from Montana that export goods and services to India. This metric is important for understanding Montana's trade relationship with one of the world's largest economies.
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 count of exporters from the state of Montana that sell products or services to customers in India. It provides insights into the scale and diversity of Montana's export activities and can inform economic development strategies and trade policy decisions.
Methodology
The data is collected by the U.S. Census Bureau through surveys of businesses and individuals engaged in international trade.
Historical Context
Policymakers and trade analysts use this metric to evaluate Montana's export performance and competitiveness in the Indian market.
Key Facts
- Montana exported over $130 million worth of goods to India in 2021.
- The number of identified Montana exporters to India has grown by 25% since 2015.
- India is Montana's 3rd largest export destination after Canada and China.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total number of businesses and individuals from the state of Montana that export goods and services to customers in India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insights into the scale and diversity of Montana's export activities to one of the world's largest economies, which can inform economic development strategies and trade policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of businesses and individuals engaged in international trade.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to evaluate Montana's export performance and competitiveness in the Indian market.
Q: Are there update delays or limitations?
A: The data is published with a lag, and may not capture all exporting activity, as it relies on survey responses.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Montana (MTINDA475SCEN), retrieved from FRED.