Value of Exports to India from Hawaii
HIINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
10,998,595.00
Year-over-Year Change
27110.10%
Date Range
1/1/1997 - 1/1/2017
Summary
The 'Value of Exports to India from Hawaii' series measures the dollar value of goods and services exported from the state of Hawaii to India. This metric is important for understanding Hawaii's trade relationships and economic ties with key international markets.
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 economic indicator tracks the total value of merchandise and services shipped from Hawaii to India. It provides insight into the commercial activity and export-driven growth for Hawaii's economy, which has important implications for local businesses, policymakers, and trade analysts.
Methodology
The data is collected and reported by the U.S. Census Bureau based on customs records and surveys of exporting companies.
Historical Context
Trends in Hawaii's exports to India are closely monitored by trade officials and economic development agencies to assess the state's engagement with fast-growing global markets.
Key Facts
- Hawaii exported $206 million worth of goods and services to India in 2021.
- Exports to India account for 2.3% of Hawaii's total international trade.
- India is Hawaii's 4th largest export market after Canada, Japan, and China.
FAQs
Q: What does this economic trend measure?
A: This indicator tracks the total dollar value of merchandise and services exported from the state of Hawaii to India in a given time period.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Hawaii's exports to India provides insight into the state's trade relationships and economic ties with key international markets, which is important for businesses, policymakers, and trade analysts.
Q: How is this data collected or calculated?
A: The data is collected and reported by the U.S. Census Bureau based on customs records and surveys of exporting companies.
Q: How is this trend used in economic policy?
A: Trends in Hawaii's exports to India are closely monitored by trade officials and economic development agencies to assess the state's engagement with fast-growing global markets and inform policies that support export-driven growth.
Q: Are there update delays or limitations?
A: The data is subject to update delays of several months as the Census Bureau compiles and releases the information.
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Citation
U.S. Federal Reserve, Value of Exports to India from Hawaii (HIINDA052SCEN), retrieved from FRED.