Value of Exports to the Plurinational State of Bolivia from Indiana
INBOLA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,522,374.00
Year-over-Year Change
135.18%
Date Range
1/1/1992 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Indiana to the Plurinational State of Bolivia. It provides insight into trade flows and economic relationships between Indiana and this important South American 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
The Value of Exports to the Plurinational State of Bolivia from Indiana is a key data series for understanding the state's trade dynamics. It tracks the dollar value of physical goods and commodities exported from Indiana to Bolivia over time, shedding light on the commercial ties between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This export data informs policymakers and businesses on market opportunities and trade patterns.
Key Facts
- Indiana exported $142 million in goods to Bolivia in 2021.
- Top Indiana exports to Bolivia include machinery, vehicles, and plastics.
- Bolivia is Indiana's 51st largest export market globally.
FAQs
Q: What does this economic trend measure?
A: This trend measures the value of physical goods and commodities exported from the U.S. state of Indiana to the Plurinational State of Bolivia.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insights into the trade relationship and economic ties between Indiana and the Bolivian market, informing business and policy decisions.
Q: How is this data collected or calculated?
A: The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Q: How is this trend used in economic policy?
A: This export data is used by policymakers and businesses to understand market opportunities and trade patterns between Indiana and Bolivia.
Q: Are there update delays or limitations?
A: The data is published monthly with a 1-2 month lag, and may not capture all small-scale or informal trade activities.
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Citation
U.S. Federal Reserve, Value of Exports to the Plurinational State of Bolivia from Indiana (INBOLA052SCEN), retrieved from FRED.