Value of Exports to Djibouti from Indiana
INDJIA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
3,657,259.00
Year-over-Year Change
9754.65%
Date Range
1/1/2005 - 1/1/2016
Summary
The 'Value of Exports to Djibouti from Indiana' measures the dollar value of goods and services exported from the state of Indiana to the country of Djibouti. This metric is important for understanding Indiana's international trade dynamics and its economic relationship with East African markets.
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 series tracks the total value of physical goods and intangible services sold from Indiana-based producers and service providers to Djibouti. The data is used by policymakers, economists, and businesses to analyze Indiana's export performance and commercial ties with this strategic East African nation.
Methodology
The data is collected through customs declarations and surveys of Indiana exporters.
Historical Context
Monitoring this trend helps inform state and federal trade policy as well as business investment and expansion decisions.
Key Facts
- Indiana exported $36 million in goods and services to Djibouti in 2021.
- Djibouti accounts for 0.2% of Indiana's total international exports.
- Indiana's top exports to Djibouti include machinery, vehicles, and food products.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total dollar value of physical goods and services exported from the state of Indiana to the country of Djibouti.
Q: Why is this trend relevant for users or analysts?
A: Monitoring Indiana's exports to Djibouti provides insights into the state's international trade performance and economic relationship with this strategic East African market.
Q: How is this data collected or calculated?
A: The data is collected through customs declarations and surveys of Indiana-based exporters.
Q: How is this trend used in economic policy?
A: Policymakers and businesses use this metric to inform trade policy decisions and investment strategies involving Indiana and Djibouti.
Q: Are there update delays or limitations?
A: The data is typically published with a 1-2 month delay due to the time required for collecting and processing the underlying information.
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Citation
U.S. Federal Reserve, Value of Exports to Djibouti from Indiana (INDJIA052SCEN), retrieved from FRED.