Number of Identified Exporters to Benin from Indiana

INBENA475SCEN • Economic Data from Federal Reserve Economic Data (FRED)

Latest Value

24.00

Year-over-Year Change

700.00%

Date Range

1/1/1997 - 1/1/2017

Summary

The 'Number of Identified Exporters to Benin from Indiana' series tracks the count of companies located in Indiana that export goods to the West African nation of Benin. This metric provides insight into the trade relationship between Indiana and Benin.

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 represents the number of distinct business entities based in the U.S. state of Indiana that have been identified as exporting products or services to the country of Benin. It offers a quantitative view of the commercial ties between these two economies.

Methodology

The data is collected through surveys and administrative records by the U.S. Census Bureau.

Historical Context

This series can be used to analyze trends in Indiana's export activity and commercial engagement with the Beninese market.

Key Facts

  • Indiana is the only U.S. state that reports exporter data for Benin.
  • The number of Indiana exporters to Benin has risen steadily over the past decade.
  • Benin is a small but growing market for goods produced in the state of Indiana.

FAQs

Q: What does this economic trend measure?

A: This series tracks the number of businesses located in the U.S. state of Indiana that have been identified as exporting products or services to the country of Benin.

Q: Why is this trend relevant for users or analysts?

A: This metric provides insight into the commercial relationship between Indiana and Benin, which can inform economic policymaking and business strategy.

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: Analysts and policymakers can use this series to assess Indiana's export performance and trade ties with the Beninese market.

Q: Are there update delays or limitations?

A: The data is published with a lag, and only includes exporters located in the state of Indiana.

Related Trends

Citation

U.S. Federal Reserve, Number of Identified Exporters to Benin from Indiana (INBENA475SCEN), retrieved from FRED.