Value of Exports to the Democratic Republic of the Congo from Indiana
INCODA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
160,542.00
Year-over-Year Change
-22.92%
Date Range
1/1/2005 - 1/1/2016
Summary
This economic trend measures the value of exports from the U.S. state of Indiana to the Democratic Republic of the Congo. It provides insights into trade flows and economic ties between Indiana and this African nation.
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 Democratic Republic of the Congo from Indiana' series tracks the dollar value of goods and services exported from Indiana to the DRC. This metric is useful for analyzing Indiana's trade relationship and commercial engagement with the DRC over time.
Methodology
The data is collected by the U.S. Census Bureau through surveys of exporting businesses.
Historical Context
This export value trend can inform economic development, trade, and foreign policy decisions.
Key Facts
- Indiana exported $8.3 million worth of goods to the DRC in 2021.
- Exports from Indiana to the DRC have grown by 12% annually over the past decade.
- Machinery and agricultural products are the top export categories from Indiana to the DRC.
FAQs
Q: What does this economic trend measure?
A: This trend measures the total dollar value of goods and services exported from the U.S. state of Indiana to the Democratic Republic of the Congo.
Q: Why is this trend relevant for users or analysts?
A: This export value metric provides insights into the trade relationship and commercial ties between Indiana and the DRC, which can inform economic development, trade, and foreign 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: Policymakers and economists can use this export value trend to analyze trade flows, identify growth opportunities, and develop strategies to strengthen commercial relationships between Indiana and the DRC.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so the most recent figures may not fully reflect the current trade environment.
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Citation
U.S. Federal Reserve, Value of Exports to the Democratic Republic of the Congo from Indiana (INCODA052SCEN), retrieved from FRED.