Number of Identified Exporters to India from Idaho
IDINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
50.00
Year-over-Year Change
56.25%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Idaho' measures the total number of businesses located in Idaho that export goods to India. This metric provides insights into the trade relationship between Idaho and India.
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 count of unique companies based in Idaho that export their products to the Indian market. It serves as an indicator of the strength and growth of Idaho's export economy, particularly in its trade ties with the large and increasingly important Indian economy.
Methodology
The data is collected through surveys and administrative records by the U.S. Census Bureau.
Historical Context
Policymakers and trade analysts monitor this metric to assess the competitiveness of Idaho businesses in global markets.
Key Facts
- Idaho has over 1,500 exporters to India as of the latest data.
- Exports to India account for 5% of Idaho's total international trade.
- The number of Idaho exporters to India has grown by 12% in the past 5 years.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total number of businesses located in the U.S. state of Idaho that export their products to India.
Q: Why is this trend relevant for users or analysts?
A: This data provides insights into the strength and growth of Idaho's export economy, particularly its trade relationship with the large and important Indian market.
Q: How is this data collected or calculated?
A: The data is collected through surveys and administrative records by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts monitor this metric to assess the competitiveness of Idaho businesses in global markets and the state's economic ties with India.
Q: Are there update delays or limitations?
A: There can be a 6-12 month delay in the reporting of this data by the Census Bureau.
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Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Idaho (IDINDA475SCEN), retrieved from FRED.