Value of Exports to Denmark from Indiana
INDNKA052SCEN • Economic Data from Federal Reserve Economic Data (FRED)
Latest Value
20,196,373.00
Year-over-Year Change
-68.87%
Date Range
1/1/1992 - 1/1/2017
Summary
The 'Value of Exports to Denmark from Indiana' metric tracks the total value of goods and services exported from the U.S. state of Indiana to Denmark. This provides insight into trade flows and economic ties between the two regions.
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 data series measures the dollar value of all exported products and services originating from Indiana and delivered to customers in Denmark. It is a key indicator of the commercial relationship and economic integration between the two economies.
Methodology
The data is collected by the U.S. Census Bureau through surveys of Indiana-based businesses and exporters.
Historical Context
Policymakers and trade analysts use this metric to assess the strength of Indiana's export market and its commercial relationship with Denmark.
Key Facts
- Indiana exported $163 million in goods and services to Denmark in 2021.
- Denmark is Indiana's 31st largest export market globally.
- Machinery, pharmaceuticals, and motor vehicles are Indiana's top exports to Denmark.
FAQs
Q: What does this economic trend measure?
A: This metric tracks the total value of all goods and services exported from the U.S. state of Indiana to customers in Denmark.
Q: Why is this trend relevant for users or analysts?
A: This data provides insight into the strength of Indiana's trade relationship and economic integration with Denmark, a key U.S. partner.
Q: How is this data collected or calculated?
A: The U.S. Census Bureau collects this data through surveys of Indiana-based businesses and exporters.
Q: How is this trend used in economic policy?
A: Policymakers and trade analysts use this metric to assess Indiana's export market performance and the state's commercial ties with Denmark.
Q: Are there update delays or limitations?
A: The data is published with a lag of several months, so it may not reflect the most current trade activity.
Related Trends
International Merchandise Trade Statistics: Imports: Commodities for Denmark
XTIMVA01DKQ664N
Consumer Price Index: All Items: Total for Denmark
DNKCPALTT01IXNBM
Consumer Price Indices (CPIs, HICPs), COICOP 1999: Consumer Price Index: Recreation and Culture for Denmark
DNKCPHP0900IXOBM
Gross Domestic Product Per Capita for Denmark
PCAGDPDKA646NWDB
Harmonized Index of Consumer Prices: Coffee, Tea and Cocoa for Denmark
CP0121DKM086NEST
Barro-Lee: Population age 25+ with tertiary schooling. Total (Incomplete and Completed Tertiary) for Denmark
BARTERICMP25UPZSDNK
Citation
U.S. Federal Reserve, Value of Exports to Denmark from Indiana (INDNKA052SCEN), retrieved from FRED.