Value of Exports to India from New York
NYINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
2,753,222,990.00
Year-over-Year Change
189.23%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from New York' trend measures the dollar value of goods and services exported from the state of New York to India. This metric is a key indicator of trade activity and economic integration between the two 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 series tracks the total value of exports originating from New York that are destined for India. It is an important measure of the strength of the commercial relationship between the state and one of the world's fastest-growing major economies. Policymakers and trade analysts use this data to assess trade flows and competitiveness.
Methodology
The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Historical Context
Monitoring export values can inform economic and trade policy decisions that impact businesses and consumers.
Key Facts
- New York is the 3rd largest exporting state in the U.S.
- India was the 4th largest destination for New York exports in 2021.
- Exports to India account for over 5% of total New York exports.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the state of New York to India.
Q: Why is this trend relevant for users or analysts?
A: This metric is an important indicator of trade activity and economic integration between New York and India, one of the world's fastest-growing major economies.
Q: How is this data collected or calculated?
A: The data is collected through surveys of businesses and compiled by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Monitoring export values can inform economic and trade policy decisions that impact businesses and consumers.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis with a typical 2-month delay.
Related Trends
Consumer Price Index: All Items: Total for India
INDCPALTT01IXNBM
Consumer Price Index: Transport (COICOP 07): Total for India
INDCP070000GPM
Bank Regulatory Capital to Risk-Weighted Assets for India
DDSI05INA156NWDB
National Accounts: GDP by Expenditure: Current Prices: Private Final Consumption Expenditure for India
INDPFCEQDSMEI
Business Tendency Surveys: Production: Economic Activity: Manufacturing: Tendency for India
BSPRTE02INQ460S
Number of Identified Exporters to India from Indiana
ININDA475SCEN
Citation
U.S. Federal Reserve, Value of Exports to India from New York (NYINDA052SCEN), retrieved from FRED.