Value of Exports to India from Iowa
IAINDA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
86,903,788.00
Year-over-Year Change
337.07%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to India from Iowa' metric tracks the total dollar value of goods and services exported from the U.S. state of Iowa to India. This provides insight into trade flows and economic ties between Iowa and one of the world's fastest-growing major 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 economic series measures the total value of merchandise and services exported from the state of Iowa to India. It is an important indicator of the commercial relationship and trade linkages between these economies. Economists and policymakers use this data to analyze regional trade patterns and the impacts of trade policy.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting companies and other administrative sources.
Historical Context
This export data is closely monitored by trade officials, multinational firms, and economic analysts to assess the health of commercial ties and identify opportunities or risks in the India-Iowa trade corridor.
Key Facts
- Iowa exported $1.2 billion in goods and services to India in 2021.
- India was Iowa's 5th largest export destination in 2021.
- Top Iowa exports to India include machinery, cereals, and animal products.
FAQs
Q: What does this economic trend measure?
A: This series tracks the total value of merchandise and services exported from the U.S. state of Iowa to India, providing insight into the trade relationship between the two economies.
Q: Why is this trend relevant for users or analysts?
A: This data is important for understanding regional trade patterns, evaluating the commercial ties between Iowa and India, and assessing the impacts of trade policy on a state-level economy.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting companies and other administrative sources.
Q: How is this trend used in economic policy?
A: This export data is closely monitored by trade officials, multinational firms, and economic analysts to assess the health of commercial ties and identify opportunities or risks in the India-Iowa trade corridor.
Q: Are there update delays or limitations?
A: The data is published on a monthly basis, but there may be a 1-2 month lag in reporting the latest figures.
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Citation
U.S. Federal Reserve, Value of Exports to India from Iowa (IAINDA052SCEN), retrieved from FRED.