Value of Exports to India from Washington
WAINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
972,245,088.00
Year-over-Year Change
330.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Washington' tracks the monetary value of goods and services exported from the state of Washington to India. This metric is important for understanding trade dynamics 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 series measures the dollar value of exports originating from the state of Washington that are destined for India. It provides insight into the trade flows and commercial activities between these two economies, which is relevant for policymakers, businesses, and economic analysts.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Historical Context
Trends in this series can inform trade policy decisions and help businesses identify market opportunities.
Key Facts
- Washington exported over $1.7 billion worth of goods to India in 2021.
- India is Washington's 5th largest export destination.
- Aerospace products and parts are a major Washington export to India.
FAQs
Q: What does this economic trend measure?
A: This trend measures the monetary value of goods and services exported from the state of Washington to India.
Q: Why is this trend relevant for users or analysts?
A: This metric provides insight into the trade relationship between Washington and India, which is important for understanding regional economic dynamics and identifying business opportunities.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporters and customs declarations.
Q: How is this trend used in economic policy?
A: Trends in this series can inform trade policy decisions and help businesses identify market opportunities between Washington and India.
Q: Are there update delays or limitations?
A: The data is released monthly with a lag of several weeks.
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Citation
U.S. Federal Reserve, Value of Exports to India from Washington (WAINDA052SCEN), retrieved from FRED.