Number of Identified Exporters to India from Illinois
ILINDA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
1,668.00
Year-over-Year Change
63.53%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Number of Identified Exporters to India from Illinois' measures the count of businesses located in Illinois that export goods to India. This data provides insights into Illinois' trade relationships and economic ties with the Indian market.
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 number of exporters from Illinois to India, offering a perspective on the state's participation in international trade. Economists and policymakers use this information to analyze Illinois' export activity and competitiveness in the global economy.
Methodology
The data is collected through customs and international trade records by the U.S. Census Bureau.
Historical Context
This trend can inform trade policies, investment decisions, and economic development strategies.
Key Facts
- Illinois exported over $1.7 billion in goods to India in 2021.
- The number of identified Illinois exporters to India has grown by 25% since 2015.
- India is Illinois' 6th largest export market.
FAQs
Q: What does this economic trend measure?
A: This trend measures the number of businesses located in Illinois that export goods to India. It provides insights into the state's trade relationships and participation in the global economy.
Q: Why is this trend relevant for users or analysts?
A: This data is useful for economists, policymakers, and businesses to analyze Illinois' export activity, identify trade opportunities, and inform economic development strategies.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through customs and international trade records.
Q: How is this trend used in economic policy?
A: This trend can inform trade policies, investment decisions, and strategies to promote Illinois' exports and competitiveness in the global market.
Q: Are there update delays or limitations?
A: The data is published on a regular basis, but there may be a 1-2 month delay in the most recent figures being available.
Related Trends
Percentage of Foreign Banks Among Total Banks for India
DDOI13INA156NWDB
Amount Outstanding of International Debt Securities for Issuers in Non-Financial Corporations (Corporate Issuers), All Maturities, Residence of Issuer in India
IDSNFAMRIAOIN
Internet users for India
ITNETUSERP2IND
Total Credit to Non-Financial Corporations, Adjusted for Breaks, for India
QINNAM770A
Production, Sales, Work Started and Orders: Production Volume: Economic Activity: Industry (Except Construction) for India
INDPROINDAISMEI
Value of Exports to India from Indiana
ININDA052SCEN
Citation
U.S. Federal Reserve, Number of Identified Exporters to India from Illinois (ILINDA475SCEN), retrieved from FRED.